2015 Reports

为什么民主国家能够达成更为严谨的国际投资协议？

Neumayer, Eric; Nunnenkamp, Peter

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.