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Comparative Foreign Direct Investment Law: Determinants Of The Legal Framework And The Level Of Openness And Attractiveness Of Host Economies, Jean-Yves P. Steyt
Comparative Foreign Direct Investment Law: Determinants Of The Legal Framework And The Level Of Openness And Attractiveness Of Host Economies, Jean-Yves P. Steyt
Cornell Law School LL.M. Student Research Papers
Foreign direct investment, henceforth denoted FDI, constitutes a basic component of the ongoing economic globalization. The latter phenomenon refers to the increasing economic interdependence of countries in the sense that today goods, services, capital and technologies are exchanged or diffused on a truly global market, accompanied by an unprecedented cross-border flow of human resources.
A large majority of states on every continent have been liberalizing or further liberalizing their investment policies and laws over the last decades. The substantial impact and role of international instruments and organizations on this progressive liberalization process has been stressed on both the global and …