This study investigates the extent to which diplomatic relations affected merger and acquisition (M&A) activities in the European Union during the years 2001- 2019. Implementing a gravity model, we find a U-inverted relationship between diplomatic distance and M&A activities: (i) a worsening in...

An “ethics explosion” is emerging in the international investment arena in many different ways. Along with the EU’s strong desire to regulate the ethical aspects of adjudicators’ duties in its latest generation of IIAs, whether already in force or still under negotiation, a growing...

Expropriation risk has a binding effect on foreign direct investment (FDI). However, state-owned multinational corporations (MNCs) may counter the monopoly power of the host state by leveraging the political influence of their home government. The magnitude of this counter force, we argue, may...

This paper argues that for the imposer of a regime change or war, installing an authoritarian regime is one of the best ways to impose the political will on the target. Previous scholarships contend that an absolute win and a total resolution is likely to neutralize the vanquished party from its...

This paper studies how innovation reacts to foreign political risk and shapes its economic consequences. In a model with foreign political shocks that can disrupt the supply of foreign inputs, we show that greater political risk abroad increases domestic innovation, thereby lowering reliance on...

This paper explores the potential opportunities and challenges digital trade poses for women traders globally and in Asia-Pacific. This paper highlights policy areas using a gendered approach to digital trade. Given the varied and interrelated issues, a public-private-societal effort is needed...