This book provides an overview of international investment policy and policy-making, drawing upon perspectives from law, economics, international business, and political science.
International investment is a complex phenomenon with significant effects worldwide. Developing effective policies and strategies to attract investment in sufficient quantities and marshal it to contribute to sustainable development is a critical challenge for governments at all levels. This book’s interdisciplinary approach provides fresh insights into the mix of policy options available to governments seeking investment to support their country’s (or region’s) development. As well as identifying ways to effectively design, implement, and assess policies to attract foreign investment, it explores how to manage foreign investment’s effects. Various dimensions of international investment policy are discussed, including benefits and costs (economic, environmental, social, and political) of foreign investment, the significance of global value chains, state-owned enterprises and sovereign wealth funds, and the role of tax policy, investment promotion, and policy advocacy, location branding, investment treaties, and national security considerations.
Through its contributions to a new interdisciplinary understanding of international investment policy-making, this book will benefit students and scholars working in areas such as international business, international economic law, international economics, development economics, international development, and international political economy as well as being a valuable resource for policy-makers.
J Anthony VanDuzer is a Professor and Hyman Soloway Chair in Business and Trade Law at the University of Ottawa, Faculty of Law in the Common Law Section, as well as an Adjunct Research Professor at the Carleton University’s Norman Paterson School of International Affairs. Previously, he was Vice Dean of Research at the University of Ottawa. He has also taught at the Queen’s University International Studies Centre in England, the Westfälische Wilhelms-Universität in Germany, and the University of Waikato in New Zealand. He was a Member of the Academic Advisory Council to Canada’s Deputy Minister for International Trade from 2002 to 2006. Professor VanDuzer has written widely on investment and trade in services issues and participated in technical assistance projects in these areas in transition and developing economies around the world. His most recent book on investment law is J Anthony VanDuzer, Penelope Simons, and Graham Mayeda, Integrating Sustainable Development into International Investment Agreements: A Guide for Developing Country Negotiators (Commonwealth Secretariat, 2013).
Patrick Leblond is CN – Paul M. Tellier Chair on Business and Public Policy and Associate Professor in the Graduate School of Public and International Affairs at the University of Ottawa. He is also Senior Fellow at the Centre for International Governance Innovation (CIGI), Research Associate at CIRANO, and Affiliated Professor of International Business at HEC Montréal. Dr Leblond is an expert on economic governance and policy with a particular focus on Canada, North America, and Europe. He has published extensively on financial and monetary integration, banking regulation, international trade, and business–government relations. He is the co-editor, with Demosthenes Ioannou and Arne Niemann, of European Integration in Times of Crisis: Theoretical Perspectives (Routledge, 2016). Prior to moving to Ottawa, he taught international business at HEC Montréal and was director of the Réseau économie internationale (REI) at the Centre d’études et de recherches internationales de l’Université de Montréal (CERIUM). Before embarking on his academic career, he worked in accounting and auditing for Ernst & Young as well as in corporate finance and strategy consulting for Arthur Andersen & Co and SECOR Consulting.
