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Minority rules: State ownership and foreign direct investment risk mitigation strategy

James, Barclay E.; Vaaler, Paul M.

In countries where policies protecting private investor rights are more susceptible to change, substantial minority state ownership in a project can substantially decrease overall investment project risk. Sometimes, some state ownership in a project is just the thing to keep the state from changing important terms in the original agreement to the detriment of private co-investors.


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More About This Work

Academic Units
Vale Columbia Center on Sustainable International Investment
Vale Columbia Center on Sustainable International Investment
Columbia FDI Perspectives, 111
Published Here
March 5, 2014


A Chinese version of this paper is available at

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