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Promoting and Managing International Investment - Towards an Integrated Policy Approach, edited by Patrick Leblond, 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, CIRANO Researcher and Fellow, and Anthony VanDuzer (University of Ottawa), has just been published.
Ari Van Assche, Full Professor at HEC Montréal, CIRANO Researcher and Fellow, has contributed to this book through the chapter « Trade and Foreign Direct Investment in the 21st Century ».
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.