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Government-held equity in foreign investment projects: Good for host countries?

Wells, Louis T.

Host governments have often sought some equity in mining and other foreign investment projects, but as shareholders they have rarely gained what they anticipated. Only in special cases might the benefits to governments outweigh the risks and often unanticipated costs governments encounter.


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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, 114
Published Here
March 5, 2014


A Chinese version of this paper is available at

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