FDI, the Global Crisis and Sustainable Recovery

Abstract

This article summarizes the presentations and discussions at the Fourth Columbia International Investment Conference, which gathered leading economists, representatives of governments and intergovernmental organizations, legal practitioners, and development experts. The Conference addressed how the 2008 financial crisis affected FDI (including the impact on flows, new players, changing patterns of agricultural sector FDI), the changing business environment for FDI (including the effect of the crisis on social conditions, corporate social responsibility and resource nationalism) and public policy opportunities for a sustainable recovery and sustainable development (including public-private partnerships, a global bankruptcy law and a sustainable investment regime). The special issue of this journal contains articles by Lauge Skovgaard Poulsen and Gary Clyde Hufbauer; Ravi Ramamurti; Theodore H. Moran; Alan M. Rugman; and Jenny Clift.