41941. Attracting FDI through BITs and RTAs: Does treaty content matter?
- Author:
- Peter Nunnenkamp, Martin Roy, Axel Berger, and Matthias Busse
- Publication Date:
- 07-2012
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- It may appear all too obvious that the extent to which foreign direct investment (FDI) is attracted by bilateral investment treaties (BITs) and regional trade agreements (RTAs) depends on the strength of key investment provisions. Still, BITs and RTAs have typically been treated as black boxes in prior empirical literature, ignoring two important legal innovations: investor-state dispute settlement (ISDS) and pre-establishment national treatment (NT) provisions.
- Topic:
- Economics, International Trade and Finance, and Foreign Direct Investment