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Democracies conclude more and stricter international investment agreements – but why?

Eric Neumayer; Peter Nunnenkamp

Title:
Democracies conclude more and stricter international investment agreements – but why?
Author(s):
Neumayer, Eric
Nunnenkamp, Peter
Date:
Type:
Reports
Department(s):
Columbia Center on Sustainable Investment
Persistent URL:
Series:
Columbia FDI Perspectives
Part Number:
166
Publisher:
Columbia Center on Sustainable Investment
Publisher Location:
New York
Abstract:
Democratic governments tie their hands particularly tightly by concluding more and stricter international investment agreements than autocratic governments, even though the domestic institutional framework in democracies alone offers protection for foreign investors. This Perspective argues that political scientists and economists are currently not able to explain this puzzle convincingly.
Subject(s):
Democracy
International economic relations
Investments, Foreign--Law and legislation
Finance
International relations
Economics
Item views
262
Metadata:
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Suggested Citation:
Eric Neumayer, Peter Nunnenkamp, , Democracies conclude more and stricter international investment agreements – but why?, Columbia University Academic Commons, .

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