Lecture 5. Investment: Adventures Abroad

This lecture examines the concept of "foreign direct investment" used by economists to describe the investment of multinational corporations in countries outside their headquarters. The return to investment of the stocks held in the global south is discussed. An examination of the data produced shows in which countries the stocks of foreign investment are kept. This raises the question of the importance of stocks of investment within the political idea of" national Interest". Political risks to foreign investment are one of the areas where politics is discussed directly and openly in relation to multinational investment. The components of what makes a favourable "investment climate" are examined and the consideration that investment climates may be created directly or indirectly by corporate intervention with or without the support of relevant states. The analytical value of stocks and flows of foreign investment in international relations and politics concludes the session.

12 slides

1. The Politics of Direct Investment

2. North and South (2008)

3. Stocks of Multi-National Corporation Investments

4. Why Corporations Invest Abroad

5. National Regulatory Changes in Favour of Foreign Investment

6. Investment Risk or Political Risk

7. Political Risk Table: (selected Countries 2006)

8. Corporate Foreign Investment and Global Politics

9. Indirect Pressure on Investment Climate

10. Direct Pressure on Investment Climate

11. United States Outward Direct Investment Position by Country of Affiliate at Yearend 2009

12. Petro-Core Differential Accumulation and Middle East "energy conflicts" 1966-2003