Dissertation/ Thesis

Three essays on developing countries and foreign direct investment

التفاصيل البيبلوغرافية
العنوان: Three essays on developing countries and foreign direct investment
المؤلفون: Lee, Youngchae, Stone, Randall W. (1966 - )
بيانات النشر: University of Rochester
سنة النشر: 2022
المجموعة: University of Rochester, New York: UR Research
الوصف: Thesis (Ph. D.)--University of Rochester. Department of Political Science, 2018. ; My dissertation is motivated by the question, "In an era of ever-increasing global economic integration, why do some developing countries continually struggle to attract foreign direct investment (FDI)?" I explain this phenomenon by highlighting the interaction between international law and domestic institutions, and illustrating how this dynamic affects FDI in developing countries. My methods involve large-N quantitative analyses of developing countries, supported by case studies. The first chapter, "The Effects of Federalism and decentralization on the Business Environment for Foreign Direct Investment," shows that while developing countries often sign bilateral investment treaties (BITs) to commit to a stable policy environment, the effectiveness of these treaties in improving policy stability is reduced by federalism and decentralization. According to international law, national governments are legally responsible for any BIT violations that occur within their territories, even when the violation was committed by a subnational-level government. One implication of this is that when foreign investors initiate international arbitration claims over alleged BIT violations, the respondents are always national governments. This gives subnational governments weaker incentives than national governments to comply with BITs, which decreases the effectiveness of BITs in promoting policy stability in countries where subnational governments are relatively powerful. The second chapter, "Can Rational Choice Explain Bilateral Investment Treaties? How Lack of Legal Capacity Affects BIT Signing," argues that a country’s legal capacity affects its ability to fully evaluate the consequences of BITs. I show that countries with federal and decentralized governments are more likely to be embroiled in international investment disputes over alleged violations of BITs, but that only countries with higher legal capacity are likely to adjust for this ...
نوع الوثيقة: thesis
وصف الملف: Illustrations:illustrations; Number of Pages:xii, 117 pages
اللغة: English
Relation: http://hdl.handle.net/1802/34144; Investments, Foreign--Developing countries--Mathematical models.; AS38.622; Developing countries--Economic policy--Mathematical models.
الاتاحة: http://hdl.handle.net/1802/34144
Rights: This item is protected by copyright, with all rights reserved.
رقم الانضمام: edsbas.EAF652B9
قاعدة البيانات: BASE