Publications

Educators

Purchase

March 2005 (Revised June 2005)
Background Note

Arbitration between Foreign Investors and Host Governments

By: Louis T. Wells Jr. and Regina Garcia-Cuellar

Explains the emergence of international arbitration as an option for foreign investors with disputes with governments of emerging markets. Presents issues about whether arbitration will remain acceptable to countries and governments. View Details

Keywords: Conflict and Resolution; Foreign Direct Investment; Globalized Markets and Industries; Emerging Markets; Government and Politics

Educators

Purchase

January–February 2015
Article

Heroic Villains: Are Foreign Investors Problems or Solutions in the Ebola Crisis?

By: Debora L. Spar

For months, the news out of West Africa has been unrelentingly grim. As of early December, the devastating Ebola epidemic had infected a reported 17,942 people and killed 6,388, according to the World Health Organization (WHO); the actual toll, which would also account... View Details

Keywords: Ebola; Multinational Corporation; Epidemics; Foreign Investment; Extractive Industries; Multinational Firms and Management; Health Pandemics; Developing Countries and Economies; Government and Politics; Africa

March 2003
Article

Foreign Currency for Long-Term Investors

By: Luis M. Viceira, John Y. Campbell and Joshua S. White

Keywords: Currency; Investment

Read Now

1981
Chapter

Foreign Investors from the Third World

Keywords: Foreign Direct Investment; Developing Countries and Economies

winter 1985
Article

Sovereignty en Garde: Negotiating with Foreign Investors

By: L. T. Wells Jr. and D. Encarnation

Keywords: Negotiation; Investment

1993
Chapter

Mobile Exporters: New Foreign Investors in East Asia

Keywords: Foreign Direct Investment; Trade; Asia

2005
Chapter

The New International Property Rights: Can the Foreign Investor Rely on Them?

Keywords: Property; Rights; Foreign Direct Investment; Trust

June 2009
Journal Article

Taxes, Institutions and Foreign Diversification Opportunities

By: Mihir Desai and Dhammika Dharmapala

Investors can access foreign diversification opportunities through either foreign portfolio investment (FPI) or foreign direct investment (FDI). The worldwide tax regime employed by the U.S. potentially distorts this choice by penalizing FDI, relative to FPI, in... View Details

Keywords: International Finance; Foreign Direct Investment; Investment Portfolio; Multinational Firms and Management; Taxation; Diversification; United States

SSRN

05 Mar 2007
Research & Ideas

Risky Business? Protecting Foreign Investments

investors; they evolved toward more friendly approaches. Many countries created new incentives for investors and built investment promotion agencies to attract new companies. The causes were several: Better educated and more experienced... View Details

Keywords: by Sean Silverthorne; Energy; Utilities

January 1994
Article

Foreign Multinationals in British Manufacturing, 1850-1962

By: G. Jones and Frances Bostock

This article draws on a new database to describe the dimensions and characteristics of 685 foreign companies which established British manufacturing subsidiaries between 1850 and 1962. The numbers of foreign companies grew from the 1890s, expanded rapidly in the... View Details

Keywords: Multinational Firms and Management; Business Subsidiaries; Expansion; Chemicals; Metals and Minerals; Food; Mergers and Acquisitions; Market Entry and Exit; Research and Development; Trade; Investment; Production; United Kingdom; United States; Scotland; Wales

July 2004
Article

Protecting Foreign Investors in the Developing World: A Shift in U.S. Policy in the 1990s?

Keywords: Governance; Global Range; Investment; Developing Countries and Economies

1998
Chapter

God and Fair Competition: Does the Foreign Direct Investor Face Still Other Risks in Emerging Markets

By: L. T. Wells Jr. and T. Moran

Keywords: Foreign Direct Investment; Fairness; Competition; Emerging Markets

07 Apr 2008
Research & Ideas

The Debate over Taxing Foreign Profits

a plan to curb foreign tax havens and end tax breaks for "companies that ship jobs overseas" in May, 2009.) One heated issue is the charge that the U.S. tax code provides incentives for companies to ship jobs overseas. It's... View Details

Keywords: by Sean Silverthorne

09 Apr 2001
Research & Ideas

Marketing a Country: Promotion as a Tool for Attracting Foreign Investment.

approach is for the government to delegate the management of investment promotion activities to the private sector. This approach often has the disadvantage that the private sector will not handle well the attributes of the task that are more like traditional... View Details

Keywords: by Louis T. Wells & Alvin G. Wint

Research Summary

Political Risk, Foreign Intervention and International Arbitration

The Empire Trap: America's Attempts to Protect Property Rights Overseas, 1898-2008, is a history of the U.S. government's attempts to protect the property rights of American investors when they venture outside the boundaries of the United... View Details

02 Aug 2006
Research & Ideas

Investor Protection: The Czech Experience

Second, the emphasis on local laws as being all-important may be misplaced given the large role of foreign investment in emerging economies and the ability of these investors to avail themselves of nonlocal... View Details

Keywords: by Martha Lagace; Media & Broadcasting; Entertainment & Recreation

2024
Working Paper

How Do Global Portfolio Investors Hedge Currency Risk?

By: Robin Greenwood and Alex Cheema-Fox

We use monthly portfolio data from one of the world’s largest custodian banks, with over $40 trillion assets under custody, to study how global portfolio investors hedge foreign exchange risk in their equity and fixed income portfolios over the past 25 years. The data... View Details

Keywords: Investment Portfolio; Investment Funds; Currency; Risk and Uncertainty

Read Now

2013
Working Paper

Securities Litigation Risk for Foreign Companies Listed in the U.S.

By: Beiting Cheng, Suraj Srinivasan and Gwen Yu

We study securities litigation risk faced by foreign firms listed on U.S. exchanges. We take into account not only the propensity for foreign firms to commit violations of U.S. securities laws but also the costs that investors face when suing foreign firms. We find... View Details

Keywords: Litigation Risk; Cross Listing; Bonding; 10b-5; Securities Litigation; U.S.Listing; Class Action; Risk and Uncertainty; Debt Securities; Globalized Firms and Management; Ethics; Lawsuits and Litigation; United States