Louis T. Wells

Louis T. Wells

Herbert F. Johnson Professor of International Management, Emeritus

Herbert F. Johnson Professor of International Management, Emeritus

+1 (617) 495-6107
 
Louis T. Wells
Contact Information
(617) 495-6107
Publications Research Summary

Books
Books

Journal Articles
Journal Articles

Book Chapters
Book Chapters

  • Wells, Louis T. "Foreword." Foreword to Global Investment Promotion Benchmarking 2009: Summary Report, by Investment Climate Advisory Services, 8–10. Washington, DC: World Bank Group, 2009. View Details
  • Wells, Louis T. "Third World Multinationals: A Retrospective." In The Challenge of BRIC Multinationals. Vol. 11, edited by Rob Van Tulder, Alain Verbeke, Jorge Carneiro, and Maria-Alejandra Gonzalez-Perez. Progress in International Business Research. Emerald Group Publishing, 2016. (Tribute Volume: Louis T. Wells.) View Details
  • Wells, Louis T. "Should Governments Demand Equity in Foreign-Owned Extractive Projects?" In A Commitment to Law, Development and Public Policy: A Festschrift in Honour of Nana Dr. SKB Asante, edited by Richard Frimpong Oppong and Kissi Agyebeng. London: Wildy, Simmonds and Hill Publishing, 2016. View Details
  • Wells, Louis T. "Comments." In Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing, by Havard Halland, John Beardsworth, Bryan Land, and James Schmidt, 83–86. Washington, DC: World Bank, 2014. View Details
  • Wells, L. T., Jr., and Chieko Tsuchiya. "Japanese Multinationals in Foreign Disputes: Do They Behave Differently and Does It Matter for Host Countries?" In The Yearbook on International Investment Law and Policy 2010/2011, edited by Karl P. Sauvant. New York: Oxford University Press, 2011. (Also published on http://www.investmentclaims.com and in also published in special issue: Resolving International Business Disputes by ADR in Asia, Transnational Dispute Management 5 (2011)) View Details
  • Wells, L. T., Jr. "Preface." Preface to The Evolving International Investment Regime: Expectations, Realities, Options, edited by Jose E. Alvarez and Karl P. Sauvant. New York: Oxford University Press, 2011. View Details
  • Wells, Louis T. "Property Rights for Foreign Capital: Sovereign Debt and Private Direct Investment in Times of Crisis." Chap. 12 in The Yearbook on International Investment Law and Policy 2009-2010, edited by Karl Sauvant, 477–504. New York: Oxford University Press, 2010. View Details
  • Wells, Louis T. Comment on "'Urgency and Betrayal: Three Attempts to Foster Private Investment in Argentina's Oil Industry,' by Nicolas Gadano." The Natural Resources Trap: Private Investment without Public Commitment, edited by William Hogan and Federico Sturzenegger, 405–407. Cambridge, MA: MIT Press, 2010. View Details
  • Wells, Louis T. "Backlash to Arbitration: Three Causes." Chap. 14 in The Backlash Against Investment Arbitration: Perceptions and Reality, edited by Michael Waibel, Asha Kaushal, Kyo-Hwa Chung, and Claire Balchin, 341–352. Alphen aan den Rijn, Netherlands: Kluwer Law International, 2010. View Details
  • Wells, Louis T. "Property Rights for Foreign Capital: Sovereign Debt and Private Direct Investment in Times of Crisis." In The Yearbook on International Investment Law and Policy 2008/2009, edited by Karl P. Sauvant. New York: Oxford University Press, 2009. View Details
  • Wells, L. T., Jr. "Third World Multinationals: A Look Back." Chap. 2 in Emerging Multinationals in Emerging Markets, edited by Jitendra V. Singh and Ravi Ramamurti. New York: Cambridge University Press, 2009. View Details
  • Wells, L. T., Jr. "The New International Property Rights: Can the Foreign Investor Rely on Them?" In International Political Risk Management: Looking to the Future. Vol. III, edited by Theodore H. Moran and Gerald T. West. Washington, D.C.: World Bank, 2005. View Details
  • Wells, L. T., Jr., and John M. Stopford. "Managing the Multinational Enterprise." In International Business, edited by Peter Buckley.The History of Management Thought. Aldershot, U.K.: Ashgate Publishing, 2003. (Originally published as chapter 2 of John M. Stopford and L.T. Wells, Managing the Multinational Enterprise. New York: Basic Books, 1972.) View Details
  • Wells, L. T., Jr. "Multinationals and the Developing Countries." In The New Economic Analysis of Multinationals, edited by Thomas Brewer, Stephen Guisinger, and Stephen Young. Northampton, U.K.: Edward Elgar Publishing, 2003. (Originally published in Journal of International Business Studies 29, no. 1, pp. 101-114.) View Details
  • Wells, L. T., Jr., and T. Moran. "God and Fair Competition: Does the Foreign Direct Investor Face Still Other Risks in Emerging Markets." In Managing International Political Risk, edited by Theodore Moran. Oxford: Blackwell Publishers, 1998. View Details
  • Wells, L. T., Jr. "Marketing a Region for Trade and Investment." In Africa and the American Private Sector: Corporate Perspectives on a Growing Relationship, pp. 77–88. Washington, D.C.: Corporate Council on Africa, 1997. View Details
  • Wells, L. T., Jr. "Antagonism or Equanimity: U.S. Multinationals and Regional Trading Blocs." In The World Economy: Challenges of Globalization and Regionalization, edited by Marjan Svetlicic and H. W. Singer, pp. 165–186. London: Macmillan Press, 1996. View Details
  • Wells, L. T., Jr. "Foreign Direct Investment." In Asia and Africa: Legacies and Opportunities, edited by D. L. Lindauer and M. Roemer. San Francisco: ICS Press, 1994. View Details
  • Wells, L. T., Jr. "Foreign Investment." In Asia and Africa: Legacies and Opportunities, edited by D. L. Lindauer and M. Roemer. San Francisco: ICS Press, 1994. View Details
  • Wells, L. T., Jr. "Promoting Foreign Investment: Opportunities and Pitfalls for Host Countries." In Promoting Foreign Direct Investment in Developing Countries, 43–53. Paris: Organisation for Economic Co-operation and Development (OECD), 1993. View Details
  • Wells, L. T., Jr. "Marketing Strategies to Attract Foreign Investment." In Multinationals in the Global Political Economy, edited by L. Eden and E. Potter, pp. 168–186. New York: St. Martin's Press, 1993. View Details
  • Wells, L. T., Jr. "Mobile Exporters: New Foreign Investors in East Asia." In Foreign Direct Investment, edited by K. Froot, 173–91. Chicago: University of Chicago Press, 1993. View Details
  • Wells, L. T., Jr. "Minerals: Eroding Oligopolies." In Beyond Free Trade: Firms, Governments, and Global Competition, edited by D. B. Yoffie, 335–84. Boston, MA: Harvard Business School Press, 1993. View Details
  • Wells, L. T., Jr. "Motivations for Foreign Investment." In The International Political Economy of Direct Foreign Investment. 2 vols. Edited by B. Gomes-Casseres and D. B. Yoffie. London, England: Edward Elgar Publishing, 1993. (This is adapted from Third World Multinationals: The Rise of Foreign Investment from Developing Countries, pp. 67-89.) View Details
  • Wells, L. T., Jr. "Foreign Investment in Southeast and East Asia: Lessons for Ghana." In Ghana's Development: Strategic Lessons from Asia, edited by Richard H. Goldman, Michael Roemer, Donald R. Snodgrass, and L. T. Wells Jr..Development Discussion Paper. Cambridge: Harvard Institute for International Development, 1992. (Also published as CAER Discussion Paper No. 11, March 1992. Also in Journal of Ghanaian Economic Society (1995)) View Details
  • Wells, L. T., Jr. "A Modo de Resumen." In Exporter: UN Gran Desafio Para Chile, edited by Carlos F. Caceres, Felipe P. Larrain, and Gregory C. Nicalaidis, 349–59. Santiago: Editorial Universitaria, 1988. View Details
  • Wells, L. T., Jr. "Effects of Foreign Investment." In The Role of the Private Sector in Fostering/Responding to Global Structural Change, edited by Andrew R. Blair and Josephine E. Olson, 21–31. Pittsburgh: University of Pittsburgh, 1988. View Details
  • Wells, L. T., Jr. "Evaluating Foreign Investment with Special Reference to Southeast Asia." In Direct Foreign Investment: Costs and Benefits, edited by Richard D. Robinson. New York: Greenwood Press, 1987. (Also in Chinese Academy of Social Science paper series (in Chinese) and reprinted in T. H. Moran (ed.), Governments and Transnational Corporations (London and New York: Rutledge, 1993), pp. 285-308.) View Details
  • Wells, L. T., Jr., and Amir Mahini. "Government Relations in the Global Firm." In Competition in Global Industries, edited by M. E. Porter. Boston, MA: Harvard Business School Press, 1986. (Also in Competizione Globale, published by Isvor-Fiat, Turin, Italy, 1987.) View Details
  • Wells, L. T., Jr., and Dennis J Encarnation. "Evaluating Foreign Investment." In Investing in Development: New Roles for Private Capital, edited by T. H. Moran, pp.61–86. Washington, D.C.: Transaction Books, 1986. (Also reprinted in Fariborz Ghador (ed.), Multinational Enterprise in Transition (Princeton, N.J: The Darwin Press, Inc., 1986), pp. 347-372.) View Details
  • Wells, L. T., Jr. "New and Old Multinationals: Competitors or Partners?" In Multinationals of the South: New Actors in the International Economy, edited by Kushi M. Khan. London: Pinter Publishers, 1986. (Reprinted in Technology Development and Overseas Investment (Taipei: Macagno, Webb, & Associates, 1988), pp. 71-84.) View Details
  • Wells, L. T., Jr. "Multinationals from Asian Developing Countries." In Research in International Business and Finance. 4 (Part A), edited by Richard W. Moxon, Thomas Roehl, and J. Frederick Truitt. Greenwich, CT: JAI Press, 1984. View Details
  • Wells, L. T., Jr. "International Trade: The Product Life Cycle Approach." In International Business: Issues and Concepts, edited by Reed Moyer. New York: John Wiley & Sons, 1984. (Reprint from The Product Life Cycle and International Trade.) View Details
  • Wells, L. T., Jr. "Foreign Investors from the Third World." In Multinationals from Developing Countries, edited by Krishna Kumar and Maxwell McLeod. Lexington, MA: D.C. Heath and Company, 1981. View Details
  • Wells, L. T., Jr., and Malcolm Gillis. "Negotiating and Implementing Mineral Agreements with Multinationals: Some Critical Tax Development Issues." In Tax and Investment Policies for Hard Minerals: Public and Multinational Enterprises in Indonesia, by Malcolm Gillis, Ralph Beals, Glenn Jenkins, L. T. Wells Jr., and Ulrich Peterson. MA: Ballinger Publishing Company, 1980. View Details
  • Wells, L. T., Jr. "The International Product Life Cycle and United States Regulation of the Automobile Industry." In Government, Technology, and the Future of the Automobile, edited by William H. Abernathy and Douglas H. Ginsburg. New York: McGraw-Hill, 1980. View Details
  • Wells, Louis T., Meyer Bucovetsky, and Malcolm Gillis. "Comparative Mining Taxes." Chap. 5 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Gillis, Malcolm, Louis T. Wells, and Brian Wright. "Evaluation of the Present System of Mining Taxation." Chap. 7 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Gillis, Malcolm, Louis T. Wells, and Ulrich Petersen. "Issues and Policies Related to Mining Tax Reform." Chap. 9 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Gillis, Malcolm, Louis T. Wells, Glenn Jenkins, and Brian Wright. "Alternatives for Mineral Tax Reform." Chap. 8 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Wells, L. T., Jr. "The Internationalization of Firms from Developing Countries." In Multinationals from Small Countries, edited by Tamir Agmon and Charles P. Kindleberger. Cambridge, MA: MIT Press, 1977. View Details
  • Wells, L. T., Jr. "More or Less Poverty? The Economic Effects of the MNE at Home and in the LDC's." In The Case for the Multinational Corporation: Six Scholarly Views, edited by Carl H. Madden. New York: Praeger, 1976. View Details
  • Wells, L. T., Jr. "Automobiles." In Big Business and the State: Changing Relations in Western Europe, edited by R. Vernon. Cambridge: Harvard University Press, 1974. View Details
  • Wells, Louis T., Jr. "National Policies in an International Industry: The Europeans and Automobiles." In Bedrifter I Okende Internasjonal Kon-Kurranse. Bergen: Norges Handelshøyskole Kursvirksomhet, 1973. View Details
  • Wells, L. T., Jr. "Effects of Foreign Joint Ventures on Developing Countries." In Micro Aspects of Development, edited by Eliezer B. Ayal. New York: Praeger, 1973. View Details

Working Papers
Working Papers

  • Wells, L. T., Jr. "Technology and Third World Multinationals." Multinational Enterprises Programme Working Paper, No. 19, January 1982. View Details

Cases and Teaching Materials
Cases and Teaching Materials

Presentations
Presentations

  • Wells, Louis T., Jr. "Attracting Foreign Investment to Saudi Arabia." Paper presented at the Jeddah Economic Forum, January 01, 2001. View Details
  • Wells, Louis T., Jr. "Privatization of Infrastructure." Paper presented at the Jeddah Economic Forum, January 01, 2000. View Details
  • Wells, L. T., Jr. "United States Aid and Foreign Direct Investment in Egypt." In Proceedings of the Conference on Policies and Strategies of USAID in Egypt. , University of Pennsylvania, Philadelphia, January 01, 1978. View Details
  • Wells, Louis T., Jr. "The Transnational Corporation and the Host Country." Paper presented at the Conference on the Regulation of Transnational Corporations, Columbia Law School, February 01, 1976. View Details
  • Wells, L. T., Jr. "Appropriate and Applicable Technology: The Indonesian Case Study." Paper presented at the Corporate Consultation, Council on Religion and International Affairs, The Carnegie Center for Transnational Studies, Council on Religion and International Affairs, Aspen, CO, December 01, 1975. View Details
  • Wells, Louis T., Jr. "Vehicles for the International Transfer of Technology." In Technology and Economic Development. Paper presented at the Economic Research Foundation Conference, Istanbul, January 1, 1969. View Details

Other Publications and Materials
Other Publications and Materials

  • Wells, L. T., Jr., and Timothy S. Buehrer. "Cutting Red Tape: Lessons from a Case-based Approach to Improving the Investment Climate in Mozambique." Foreign Investment Advisory Service Occasional Paper, January 2000. (Condensed as "Reduzir a burocracia: Licoes da Mozal para o melhoramento do clima de investimentos em Mocambique," Discussion Paper No. 3, Gabinete de Estudos Ministerio do Plano e Financas Republica de Mocambique, 2000; and reprinted in condensed form as a chapter in A Economia Mocambicana Contemporanea: Ensaios, Gabinete de Estudos, edited by Cassio Rolim, Antonio S. Franco, Bruce Bolnick and Per-Ake Andersson. Mozambique: Ministerio do Plano e Financas, 2002.) View Details
  • Wells, L. T., Jr. "Revisiting Marketing a Country: Promotion as a Tool for Attracting Foreign Investment." Foreign Investment Advisory Service Occasional Paper, January 2000. View Details
  • Wells, L. T., Jr. "Private Investment in Infrastructure: Managing Non-commercial Risk." World Bank, September 1999. View Details
  • Wells, L. T., Jr. "Conflict or Indifference: U.S. Multinationals in a World of Regional Trading Blocs." OECD Development Centre Technical Papers, Organisation for Economic Co-operation and Development (OECD), Paris, March 1992. View Details
  • Wells, Louis T., Jr. "Intellectual Property and Developing Countries: Options for US Policy." Policy Focus Series, Overseas Development Council, Washington, D.C., January 1989. View Details
  • Ghemawat, Pankaj, and Louis T Wells Jr. "The Generation of Industrial Technology by the Less Developed Countries." Council on Science and Technology, January 1980. Mimeo. View Details
  • Ghemawat, Pankaj, and Louis T Wells Jr. "Transfer of Industrial Technology Among the Developing Countries." Council on Science and Technology, January 1980. Mimeo. View Details
  • Wells, L. T., Jr. "Foreign Investment in Joint Ventures: Some Effects of Government Policies in Less Developed Countries." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1970. View Details
  • Wells, Louis T., Jr. "Some Proposals for Ghana's Industrialization Policies." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1969. View Details
  • Wells, L. T., Jr. "The Evolution of Concession Agreements." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1968. View Details
All Publications

Professor Louis T. Wells is the Herbert F. Johnson Professor of International Management at the Harvard Business School. He has served as consultant to governments of a number of developing countries, as well as to international organizations and private firms. His principal consulting activities have been concerned with foreign investment policy and with negotiations between foreign investors and host governments.

His research interests include multinational enterprises; international business-government relations; foreign investment in developing countries; and foreign investment by firms from developing countries. He was the Coordinator for Indonesia Projects, Harvard Institute for International Development, Jakarta, Indonesia, in 1994-5. His associations include: Fellow -Academy of International Business, member - Foreign Advisory Board - Lahore Business School, and member - Council on Foreign Relations.

Professor Wells received a BS in Physics from Georgia Tech and his MBA and DBA from the Harvard Business School.

Books
Journal Articles
Book Chapters
  • Wells, Louis T. "Foreword." Foreword to Global Investment Promotion Benchmarking 2009: Summary Report, by Investment Climate Advisory Services, 8–10. Washington, DC: World Bank Group, 2009. View Details
  • Wells, Louis T. "Third World Multinationals: A Retrospective." In The Challenge of BRIC Multinationals. Vol. 11, edited by Rob Van Tulder, Alain Verbeke, Jorge Carneiro, and Maria-Alejandra Gonzalez-Perez. Progress in International Business Research. Emerald Group Publishing, 2016. (Tribute Volume: Louis T. Wells.) View Details
  • Wells, Louis T. "Should Governments Demand Equity in Foreign-Owned Extractive Projects?" In A Commitment to Law, Development and Public Policy: A Festschrift in Honour of Nana Dr. SKB Asante, edited by Richard Frimpong Oppong and Kissi Agyebeng. London: Wildy, Simmonds and Hill Publishing, 2016. View Details
  • Wells, Louis T. "Comments." In Resource Financed Infrastructure: A Discussion on a New Form of Infrastructure Financing, by Havard Halland, John Beardsworth, Bryan Land, and James Schmidt, 83–86. Washington, DC: World Bank, 2014. View Details
  • Wells, L. T., Jr., and Chieko Tsuchiya. "Japanese Multinationals in Foreign Disputes: Do They Behave Differently and Does It Matter for Host Countries?" In The Yearbook on International Investment Law and Policy 2010/2011, edited by Karl P. Sauvant. New York: Oxford University Press, 2011. (Also published on http://www.investmentclaims.com and in also published in special issue: Resolving International Business Disputes by ADR in Asia, Transnational Dispute Management 5 (2011)) View Details
  • Wells, L. T., Jr. "Preface." Preface to The Evolving International Investment Regime: Expectations, Realities, Options, edited by Jose E. Alvarez and Karl P. Sauvant. New York: Oxford University Press, 2011. View Details
  • Wells, Louis T. "Property Rights for Foreign Capital: Sovereign Debt and Private Direct Investment in Times of Crisis." Chap. 12 in The Yearbook on International Investment Law and Policy 2009-2010, edited by Karl Sauvant, 477–504. New York: Oxford University Press, 2010. View Details
  • Wells, Louis T. Comment on "'Urgency and Betrayal: Three Attempts to Foster Private Investment in Argentina's Oil Industry,' by Nicolas Gadano." The Natural Resources Trap: Private Investment without Public Commitment, edited by William Hogan and Federico Sturzenegger, 405–407. Cambridge, MA: MIT Press, 2010. View Details
  • Wells, Louis T. "Backlash to Arbitration: Three Causes." Chap. 14 in The Backlash Against Investment Arbitration: Perceptions and Reality, edited by Michael Waibel, Asha Kaushal, Kyo-Hwa Chung, and Claire Balchin, 341–352. Alphen aan den Rijn, Netherlands: Kluwer Law International, 2010. View Details
  • Wells, Louis T. "Property Rights for Foreign Capital: Sovereign Debt and Private Direct Investment in Times of Crisis." In The Yearbook on International Investment Law and Policy 2008/2009, edited by Karl P. Sauvant. New York: Oxford University Press, 2009. View Details
  • Wells, L. T., Jr. "Third World Multinationals: A Look Back." Chap. 2 in Emerging Multinationals in Emerging Markets, edited by Jitendra V. Singh and Ravi Ramamurti. New York: Cambridge University Press, 2009. View Details
  • Wells, L. T., Jr. "The New International Property Rights: Can the Foreign Investor Rely on Them?" In International Political Risk Management: Looking to the Future. Vol. III, edited by Theodore H. Moran and Gerald T. West. Washington, D.C.: World Bank, 2005. View Details
  • Wells, L. T., Jr., and John M. Stopford. "Managing the Multinational Enterprise." In International Business, edited by Peter Buckley.The History of Management Thought. Aldershot, U.K.: Ashgate Publishing, 2003. (Originally published as chapter 2 of John M. Stopford and L.T. Wells, Managing the Multinational Enterprise. New York: Basic Books, 1972.) View Details
  • Wells, L. T., Jr. "Multinationals and the Developing Countries." In The New Economic Analysis of Multinationals, edited by Thomas Brewer, Stephen Guisinger, and Stephen Young. Northampton, U.K.: Edward Elgar Publishing, 2003. (Originally published in Journal of International Business Studies 29, no. 1, pp. 101-114.) View Details
  • Wells, L. T., Jr., and T. Moran. "God and Fair Competition: Does the Foreign Direct Investor Face Still Other Risks in Emerging Markets." In Managing International Political Risk, edited by Theodore Moran. Oxford: Blackwell Publishers, 1998. View Details
  • Wells, L. T., Jr. "Marketing a Region for Trade and Investment." In Africa and the American Private Sector: Corporate Perspectives on a Growing Relationship, pp. 77–88. Washington, D.C.: Corporate Council on Africa, 1997. View Details
  • Wells, L. T., Jr. "Antagonism or Equanimity: U.S. Multinationals and Regional Trading Blocs." In The World Economy: Challenges of Globalization and Regionalization, edited by Marjan Svetlicic and H. W. Singer, pp. 165–186. London: Macmillan Press, 1996. View Details
  • Wells, L. T., Jr. "Foreign Direct Investment." In Asia and Africa: Legacies and Opportunities, edited by D. L. Lindauer and M. Roemer. San Francisco: ICS Press, 1994. View Details
  • Wells, L. T., Jr. "Foreign Investment." In Asia and Africa: Legacies and Opportunities, edited by D. L. Lindauer and M. Roemer. San Francisco: ICS Press, 1994. View Details
  • Wells, L. T., Jr. "Promoting Foreign Investment: Opportunities and Pitfalls for Host Countries." In Promoting Foreign Direct Investment in Developing Countries, 43–53. Paris: Organisation for Economic Co-operation and Development (OECD), 1993. View Details
  • Wells, L. T., Jr. "Marketing Strategies to Attract Foreign Investment." In Multinationals in the Global Political Economy, edited by L. Eden and E. Potter, pp. 168–186. New York: St. Martin's Press, 1993. View Details
  • Wells, L. T., Jr. "Mobile Exporters: New Foreign Investors in East Asia." In Foreign Direct Investment, edited by K. Froot, 173–91. Chicago: University of Chicago Press, 1993. View Details
  • Wells, L. T., Jr. "Minerals: Eroding Oligopolies." In Beyond Free Trade: Firms, Governments, and Global Competition, edited by D. B. Yoffie, 335–84. Boston, MA: Harvard Business School Press, 1993. View Details
  • Wells, L. T., Jr. "Motivations for Foreign Investment." In The International Political Economy of Direct Foreign Investment. 2 vols. Edited by B. Gomes-Casseres and D. B. Yoffie. London, England: Edward Elgar Publishing, 1993. (This is adapted from Third World Multinationals: The Rise of Foreign Investment from Developing Countries, pp. 67-89.) View Details
  • Wells, L. T., Jr. "Foreign Investment in Southeast and East Asia: Lessons for Ghana." In Ghana's Development: Strategic Lessons from Asia, edited by Richard H. Goldman, Michael Roemer, Donald R. Snodgrass, and L. T. Wells Jr..Development Discussion Paper. Cambridge: Harvard Institute for International Development, 1992. (Also published as CAER Discussion Paper No. 11, March 1992. Also in Journal of Ghanaian Economic Society (1995)) View Details
  • Wells, L. T., Jr. "A Modo de Resumen." In Exporter: UN Gran Desafio Para Chile, edited by Carlos F. Caceres, Felipe P. Larrain, and Gregory C. Nicalaidis, 349–59. Santiago: Editorial Universitaria, 1988. View Details
  • Wells, L. T., Jr. "Effects of Foreign Investment." In The Role of the Private Sector in Fostering/Responding to Global Structural Change, edited by Andrew R. Blair and Josephine E. Olson, 21–31. Pittsburgh: University of Pittsburgh, 1988. View Details
  • Wells, L. T., Jr. "Evaluating Foreign Investment with Special Reference to Southeast Asia." In Direct Foreign Investment: Costs and Benefits, edited by Richard D. Robinson. New York: Greenwood Press, 1987. (Also in Chinese Academy of Social Science paper series (in Chinese) and reprinted in T. H. Moran (ed.), Governments and Transnational Corporations (London and New York: Rutledge, 1993), pp. 285-308.) View Details
  • Wells, L. T., Jr., and Amir Mahini. "Government Relations in the Global Firm." In Competition in Global Industries, edited by M. E. Porter. Boston, MA: Harvard Business School Press, 1986. (Also in Competizione Globale, published by Isvor-Fiat, Turin, Italy, 1987.) View Details
  • Wells, L. T., Jr., and Dennis J Encarnation. "Evaluating Foreign Investment." In Investing in Development: New Roles for Private Capital, edited by T. H. Moran, pp.61–86. Washington, D.C.: Transaction Books, 1986. (Also reprinted in Fariborz Ghador (ed.), Multinational Enterprise in Transition (Princeton, N.J: The Darwin Press, Inc., 1986), pp. 347-372.) View Details
  • Wells, L. T., Jr. "New and Old Multinationals: Competitors or Partners?" In Multinationals of the South: New Actors in the International Economy, edited by Kushi M. Khan. London: Pinter Publishers, 1986. (Reprinted in Technology Development and Overseas Investment (Taipei: Macagno, Webb, & Associates, 1988), pp. 71-84.) View Details
  • Wells, L. T., Jr. "Multinationals from Asian Developing Countries." In Research in International Business and Finance. 4 (Part A), edited by Richard W. Moxon, Thomas Roehl, and J. Frederick Truitt. Greenwich, CT: JAI Press, 1984. View Details
  • Wells, L. T., Jr. "International Trade: The Product Life Cycle Approach." In International Business: Issues and Concepts, edited by Reed Moyer. New York: John Wiley & Sons, 1984. (Reprint from The Product Life Cycle and International Trade.) View Details
  • Wells, L. T., Jr. "Foreign Investors from the Third World." In Multinationals from Developing Countries, edited by Krishna Kumar and Maxwell McLeod. Lexington, MA: D.C. Heath and Company, 1981. View Details
  • Wells, L. T., Jr., and Malcolm Gillis. "Negotiating and Implementing Mineral Agreements with Multinationals: Some Critical Tax Development Issues." In Tax and Investment Policies for Hard Minerals: Public and Multinational Enterprises in Indonesia, by Malcolm Gillis, Ralph Beals, Glenn Jenkins, L. T. Wells Jr., and Ulrich Peterson. MA: Ballinger Publishing Company, 1980. View Details
  • Wells, L. T., Jr. "The International Product Life Cycle and United States Regulation of the Automobile Industry." In Government, Technology, and the Future of the Automobile, edited by William H. Abernathy and Douglas H. Ginsburg. New York: McGraw-Hill, 1980. View Details
  • Wells, Louis T., Meyer Bucovetsky, and Malcolm Gillis. "Comparative Mining Taxes." Chap. 5 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Gillis, Malcolm, Louis T. Wells, and Brian Wright. "Evaluation of the Present System of Mining Taxation." Chap. 7 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Gillis, Malcolm, Louis T. Wells, and Ulrich Petersen. "Issues and Policies Related to Mining Tax Reform." Chap. 9 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Gillis, Malcolm, Louis T. Wells, Glenn Jenkins, and Brian Wright. "Alternatives for Mineral Tax Reform." Chap. 8 in Taxation and Mining: Non-fuel Minerals in Bolivia and Other Countries, edited by Malcolm Gillis. Cambridge, MA: Ballinger Publishing Company, 1978. View Details
  • Wells, L. T., Jr. "The Internationalization of Firms from Developing Countries." In Multinationals from Small Countries, edited by Tamir Agmon and Charles P. Kindleberger. Cambridge, MA: MIT Press, 1977. View Details
  • Wells, L. T., Jr. "More or Less Poverty? The Economic Effects of the MNE at Home and in the LDC's." In The Case for the Multinational Corporation: Six Scholarly Views, edited by Carl H. Madden. New York: Praeger, 1976. View Details
  • Wells, L. T., Jr. "Automobiles." In Big Business and the State: Changing Relations in Western Europe, edited by R. Vernon. Cambridge: Harvard University Press, 1974. View Details
  • Wells, Louis T., Jr. "National Policies in an International Industry: The Europeans and Automobiles." In Bedrifter I Okende Internasjonal Kon-Kurranse. Bergen: Norges Handelshøyskole Kursvirksomhet, 1973. View Details
  • Wells, L. T., Jr. "Effects of Foreign Joint Ventures on Developing Countries." In Micro Aspects of Development, edited by Eliezer B. Ayal. New York: Praeger, 1973. View Details
Working Papers
  • Wells, L. T., Jr. "Technology and Third World Multinationals." Multinational Enterprises Programme Working Paper, No. 19, January 1982. View Details
Cases and Teaching Materials
Presentations
  • Wells, Louis T., Jr. "Attracting Foreign Investment to Saudi Arabia." Paper presented at the Jeddah Economic Forum, January 01, 2001. View Details
  • Wells, Louis T., Jr. "Privatization of Infrastructure." Paper presented at the Jeddah Economic Forum, January 01, 2000. View Details
  • Wells, L. T., Jr. "United States Aid and Foreign Direct Investment in Egypt." In Proceedings of the Conference on Policies and Strategies of USAID in Egypt. , University of Pennsylvania, Philadelphia, January 01, 1978. View Details
  • Wells, Louis T., Jr. "The Transnational Corporation and the Host Country." Paper presented at the Conference on the Regulation of Transnational Corporations, Columbia Law School, February 01, 1976. View Details
  • Wells, L. T., Jr. "Appropriate and Applicable Technology: The Indonesian Case Study." Paper presented at the Corporate Consultation, Council on Religion and International Affairs, The Carnegie Center for Transnational Studies, Council on Religion and International Affairs, Aspen, CO, December 01, 1975. View Details
  • Wells, Louis T., Jr. "Vehicles for the International Transfer of Technology." In Technology and Economic Development. Paper presented at the Economic Research Foundation Conference, Istanbul, January 1, 1969. View Details
Other Publications and Materials
  • Wells, L. T., Jr., and Timothy S. Buehrer. "Cutting Red Tape: Lessons from a Case-based Approach to Improving the Investment Climate in Mozambique." Foreign Investment Advisory Service Occasional Paper, January 2000. (Condensed as "Reduzir a burocracia: Licoes da Mozal para o melhoramento do clima de investimentos em Mocambique," Discussion Paper No. 3, Gabinete de Estudos Ministerio do Plano e Financas Republica de Mocambique, 2000; and reprinted in condensed form as a chapter in A Economia Mocambicana Contemporanea: Ensaios, Gabinete de Estudos, edited by Cassio Rolim, Antonio S. Franco, Bruce Bolnick and Per-Ake Andersson. Mozambique: Ministerio do Plano e Financas, 2002.) View Details
  • Wells, L. T., Jr. "Revisiting Marketing a Country: Promotion as a Tool for Attracting Foreign Investment." Foreign Investment Advisory Service Occasional Paper, January 2000. View Details
  • Wells, L. T., Jr. "Private Investment in Infrastructure: Managing Non-commercial Risk." World Bank, September 1999. View Details
  • Wells, L. T., Jr. "Conflict or Indifference: U.S. Multinationals in a World of Regional Trading Blocs." OECD Development Centre Technical Papers, Organisation for Economic Co-operation and Development (OECD), Paris, March 1992. View Details
  • Wells, Louis T., Jr. "Intellectual Property and Developing Countries: Options for US Policy." Policy Focus Series, Overseas Development Council, Washington, D.C., January 1989. View Details
  • Ghemawat, Pankaj, and Louis T Wells Jr. "The Generation of Industrial Technology by the Less Developed Countries." Council on Science and Technology, January 1980. Mimeo. View Details
  • Ghemawat, Pankaj, and Louis T Wells Jr. "Transfer of Industrial Technology Among the Developing Countries." Council on Science and Technology, January 1980. Mimeo. View Details
  • Wells, L. T., Jr. "Foreign Investment in Joint Ventures: Some Effects of Government Policies in Less Developed Countries." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1970. View Details
  • Wells, Louis T., Jr. "Some Proposals for Ghana's Industrialization Policies." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1969. View Details
  • Wells, L. T., Jr. "The Evolution of Concession Agreements." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1968. View Details
Research Summary
Foreign investment in large projects in the Third World
Professor Wells is examining the reasons for instability in foreign investment in infrastructure and other large projects in the Third World, why outcomes differ in different projects, and the tension between the need on the part of investors for credible commitments with respect to property rights and the need on the part of host countries for some flexibility in contract terms.
Areas of Interest

Areas of Interest

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Additional Topics

Industries

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