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Economic Perspectives on FDI and Investment Screening
Södertörn University, School of Social Sciences, Economics. National Board of Trade, Sweden.ORCID iD: 0000-0001-9542-9106
National Board of Trade, Sweden.
2023 (English)In: Weaponising Investments / [ed] Hillebrand Pohl, J.; Warchol , J.; Papadopoulos, T.; Wiesenthal, J., Cham: Springer Nature Switzerland , 2023, p. 117-139Chapter in book (Other academic)
Abstract [en]

It is proposed that in a future Swedish investment screening mechanism, it will become mandatory for the Inspectorate of Strategic Products to consult with the National Board of Trade. A key role for the Board will be to contribute with analysis regarding the importance of the investment for the economy and the investment climate. We note a gap in the literature in the sense that the broad mass of economic analysis of foreign direct investments (FDI) focuses on the effects of production-oriented activities, while much of the security discourse also embraces ownership such as infrastructure and hospitals. It is shown that uncertainty is harmful to inward FDI. To minimize uncertainty and the potential FDI-dampening effects of an investment screening regulation, the range of affected sectors should be narrowly defined, accompanied by a swift and transparent review process that provides predictability to the transaction parties. Inward FDI in general and high-tech investments in particular can benefit innovation, stimulate investment, promote skill upgrading, improve resource allocation, sharpen competition, create high-wage jobs and increase economic growth. The literature has shown that many positive effects from FDI take place in the form of spillover effects that are difficult to measure directly. Many best practices attracting FDI include general policies rather than selective measures.

Place, publisher, year, edition, pages
Cham: Springer Nature Switzerland , 2023. p. 117-139
Series
Springer Studies in Law & Geoeconomics, ISSN 2948-1899, E-ISSN 2948-1902
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-52367DOI: 10.1007/17280_2023_14ISBN: 978-3-031-41474-9 (print)ISBN: 978-3-031-41475-6 (electronic)OAI: oai:DiVA.org:sh-52367DiVA, id: diva2:1810870
Available from: 2023-11-09 Created: 2023-11-09 Last updated: 2023-11-09Bibliographically approved

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Tingvall, Patrik

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • sodertorns-hogskola-harvard.csl
  • sodertorns-hogskola-oxford.csl
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf