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Part V The International Law of Foreign Investment, XXXI Foreign Investment in Practice

From: Principles of International Economic Law (1st Edition)

Matthias Herdegen

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From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 05 December 2020

Subject(s):
Foreign Direct Investment — Investment — Investor
Foreign investment is a crucial factor for economic and social development, sustained economic growth, poverty reduction, improved infrastructure, and financial stability.1 The ‘Monterrey consensus’, reached at the International Conference on Financing for Development of Monterrey (2002), recognizes the contribution of private international capital flows for long-term development and growth especially of poorer countries and calls for favourable investment climates:Private international capital flows, particularly foreign direct investment, along with...
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