- Making FDI More Sustainable: Towards an Indicative List of FDI Sustainability CharacteristicsKarl P. Sauvant and Howard Mann, Journal of World Investment & Trade, Vol. 20, pp. 916-952, 2019-12
- The Case for an Advisory Centre on International Investment LawKarl P. Sauvant, Kluwer Arbitration Blog, 2019-10-17
- How Can Foreign Direct Investment Fulfil Its Development Potential in Least Developed Countries?Karl P. Sauvant, Trade for Development News, 2019-06-27
- The Potential Value-added of a Multilateral Framework on Investment Facilitation for DevelopmentKarl P. Sauvant, Transnational Dispute Management, 2019-06
- Determining Quality FDI: A Commentary on the OECD’s “FDI Qualities Project”Karl P. Sauvant, Kluwer Arbitration Blog, 2019-04-20
- The Significance of International Investment LawKarl P. Sauvant, op. ed., Shanghai Daily, 2019-03-21
- Investment Treaties, Investor-State Dispute Settlement, and Inequality: How International Investment Treaties Exacerbate Domestic DisparitiesLise Johnson and Lisa E. Sachs, in José Antonio Ocampo, ed., International Rules and Inequality: Implications for Global Economic Governance (Columbia University Press), 2019-01
- Emerging Markets and the International Investment Law and Policy RegimeKarl P. Sauvant, in Robert Grosse and Klaus Meyer, eds., The Oxford Handbook of Management in Emerging Markets, (Oxford University Press, forthcoming), 2019
- Buenos Aires Summit is a Good Place to Start Fighting Back Against UnilateralismKarl P. Sauvant, et al, Letter to the Editor, Financial Times, 2018-11-27
- Putting FDI on the G20 AgendaKarl P. Sauvant and Axel Berger, op. ed., Project Syndicate, 2018-08-03
- Tax Expenditure and the Treatment of Tax Incentives for InvestmentLise Johnson, et al, Economics e-Journal, 2018-07-19
- Time to Move Ahead with Investment FacilitationKarl P. Sauvant, op. ed., Shanghai Daily, 2018-07-05
- China Moves the G20 Toward an International Investment Framework and Investment FacilitationKarl P. Sauvant, in Julien Chaisse, ed., China's Three-Prong Investment Strategy: Bilateral, Regional and Global Tracks (London: OUP), 2018
- India’s Revised Model BIT: Two Steps Forward, One Step Back?Jesse Coleman and Kanika Gupta, op. ed., Investment Claims (Oxford University Press), (originally published by OUP on Investment Claims, here: http://oxia.ouplaw.com/page/India-BIT), 2017-10-04
- Reactions to China’s Cross-Border Investment and International Investment LawKarl P. Sauvant and Michael D. Nolan, in Martina Fuchs, Sebastian Henn, Martin Franz, and Ram Mudambi, eds., Managing Culture and Interspace in Cross-border Investments (New York and London: Routledge), pp. 98-109, 2017-08
- A New Challenge for Emerging Markets: The Need to Develop an Outward FDI PolicyKarl P. Sauvant, op. ed., Shanghai Daily, 2017-07-31
- After Successes at Hangzhou G20, it’s Germany’s Turn to Keep Momentum GoingKarl P. Sauvant, op. ed., Shanghai Daily, 2017-01-13
- At the Intersection of Land Grievances and Legal Liability: The Need to Reconsider Contract Rights and Expectations at the Supranational LevelKaitlin Y. Cordes, Lise Johnson, and Sam Szoke-Burke, Loyola University Chicago Law Journal, Vol. 49, pp. 515-567, 2017
- Reforming the International Investment Regime: Two ChallengesKarl P. Sauvant, in Julien Chaisse, Tomoko Ishikawa and Sufian Jusoh, eds., Asia’s Changing Investment Regime: Sustainability, Regionalization, and Arbitration (Singapore: Springer), 2017
- International Investment Agreements: Impacts on Climate Change Policies in India, China and BeyondLise Johnson and Brooke Güven, in Trade in the Balance: Reconciling Trade and Climate Policy (Boston University, Frederick S. Pardee Center for the Study of the Longer-Range Future and Global Economic Governance Initiative), pp. 50-57, 2016-11
- National FDI Policy Competition and the Changing International Investment RegimeKarl P. Sauvant, in Richard Frimpong Oppong and William Kissi Agyebeng, eds., A Commitment to Law: Essays in Honour of Nana Dr. Samuel Kwadwo Boaten Asante (London: Wildy, Simmonds & Hill Publications), 2016-10
- Fortschritte Beim Globalem Investitionsabkommen (Progress Toward a Global Investment Agreement)Karl P. Sauvant and Thomas Jost, op. ed., Börsen-Zeitung, No. 174, 2016-09-9
- How Investment Agreements Can Protect Free MediaLee C. Bollinger and Karl P. Sauvant, op. ed., Project Syndicate, 2016-07
- TransCanada Lawsuit Highlights Need to Scuttle TPPJeffrey D. Sachs, Brooke Güven and Lisa Sachs, op. ed., MSNBC, 2016-07
- The Evolving International Investment Law and Policy Regime: Ways ForwardKarl P. Sauvant, Bridges Africa, Volume 5, No. 5, pp. 1-11 (also in Spanish in Puentes, Volume 17, No. 3), 2016-06
- China, the G20 and the International Investment RegimeKarl P. Sauvant, in Andrea Goldstein and Alessia Amighini, eds., Towards the 2016 G20: Global Analyses and Challenges for the Chinese Presidency, special issue of China and the World Economy, Volume 24, No. 4, pp. 73-92 , 2016-05 [+]
A shortened -- but updated -- version was published in Chinese, under the title "中国与G20:为诸边或多边投资协定奠定基础" (“China and the G20: Laying the Basis for a Plurilateral/Multilateral Investment Agreement”), in the Journal of International Economic Cooperation, No. 9, pp. 14-19
- The Real Danger in TPPLise Johnson, Lisa Sachs and Jeffrey Sachs, op. ed., CNN, 2016-02-19
- The Outsized Costs of Investor–State Dispute SettlementLise Johnson and Lisa Sachs, AIB Insights, Volume 16, No 1, 2016-02
- Lessons From the Negotiations of the United Nations Code of Conduct on Transnational Corporations and Related InstrumentsKarl P. Sauvant, in C. L. Lim, ed., Alternative Visions of the International Investment Law on Foreign Investment. Essays in Honour of Muthucumaraswamy Sornarajah, (Cambridge University Press), pp. 186-193, 2016
- The Challenge: How Can Foreign Direct Investment Fulfil Its Development Potential?Karl P. Sauvant, OECD, Development Co-operation Report 2016, pp. 50-51. Reprinted in OECD Insights, 2016
- The Next Step in Governance: The Need for Global Micro-Regulatory Frameworks in the Context of Expanding International ProductionKarl P. Sauvant, in T. C. Ambos, B. Ambos and J. Birkinshaw, eds., Perspectives on Headquarters – Subsidiary Relationships in the Contemporary MNC, 2016 [+]
in a section on “Additional Contributions by AIB Fellows,” edited by Jean Boddewyn (Bingley, UK: Emerald, 2016), ch. 15
- 中国与G20:为诸边或多边投资协定奠定基础 (China and the G20: Laying the Basis for a Plurilateral/Multilateral Investment Agreement)Karl P. Sauvant, Journal of International Economic Cooperation, No. 9, pp. 14-19, 2016
- TPP Would Let Foreign Investors Bypass the Canadian Public InterestLisa Sachs and Lise Johnson, op. ed., The Globe and Mail, 2015-11-25
- An Institutional Roadmap to Sustainable InvestmentKarl P. Sauvant, op. ed., Shanghai Daily, 2015-11-17
- Next Generation Treaty - India’s New Model BIT Makes it Clear that its Goal is to Accomplish More than Investor ProtectionLisa Sachs, Lise Johnson, Sudhanshu Roy, op.ed., The Indian Express, 2015-11-12
- China's Outward Foreign Direct Investment and International Investment LawKarl P. Sauvant and Michael D. Nolan, Journal of International Economic Law, pp. 1-42 (abbreviated version appears in Liebman and Milhaupt, eds., Regulating the Visible Hand? The Institutional Implications of Chinese State Capitalism, OUP, pp. 285-311), 2015-11
- Policy Options for Promoting Foreign Direct Investment in the Least Developed CountriesKarl P. Sauvant and Padma Mallampally, Transnational Corporations Review, Volume 7, Number 3, pp. 237-268
, 2015-09
- Wrong Direction on Climate, Trade and DevelopmentLisa Sachs and Lise Johnson, op. ed., The Hill, 2015-06-22
- Attracting Foreign Direct Investment and Benefiting from it: Challenges for the Least Developed CountriesKarl P. Sauvant, Transnational Corporations Review, Volume 7, Number 2, pp. 125-127, 2015-06
- Why Fast Track Is a Dangerous Gift to Corporate LobbiesJeffrey Sachs, Lisa Sachs and Lise Johnson, op. ed., The Huffington Post, 2015-05-19
- Not So FastJeffrey Sachs, Lisa Sachs and Lise Johnson, op. ed., U.S. News & World Report, 2015-05-12
- Eyes Wide Shut On ISDSLisa Sachs and Lise Johnson, op. ed., The Hill, 2015-04-22
- The Negotiations of the United Nations Code of Conduct on Transnational CorporationsKarl P. Sauvant, The Journal of World Investment & Trade, Volume 16, pp.11-87, 2015-03 [+]
An adapted version of part of this paper appears in C. L. Lim, ed., Alternative Visions of the International Investment Law on Foreign Investment. Essays in Honour of Muthucumaraswamy Sornarajah, Cambridge University Press, 2016, pp. 186-193.
- International Investment Agreements: Are Their Policy Aims Served By Their Broad Definitions of Covered “Investors” and “Investments”?Lise Johnson, EIBAzine – International Business Perspectives, Issue Number 15, pp. 13-17, 2014-11
- G7 Move for Fair and Stable Contracts Can Be a Boon to Developing EconomiesKarl Sauvant, Letter to the Editor, Financial Times, 2014-07-10
- China Needs ‘Going-In’ Rules for FDI GoodwillKarl P. Sauvant and Victor Z. Chen, Shanghai Daily, 2014-06-23
- The Impact of Investment Treaties on Governance of Private Investment in InfrastructureLise Johnson, 2014-03-01
- China’s Regulatory Framework for Outward Foreign Direct InvestmentKarl P. Sauvant and Victor Z. Chen, China Economic Journal, Volume 7, No 1, pp. 141-163., 2014-02
- State Liability for Regulatory Change: How International Investment Rules are Overriding Domestic LawLise Johnson and Oleksandr Volkov, Investment Treaty News, IISD, Volume 5, Issue 1, 2014-01-06
- Challenges for China’s Outward FDIKarl P. Sauvant, China Daily, 2013-10-31
- New UNCITRAL Arbitration Rules on Transparency: Application, Content and Next StepsLise Johnson, Investment Treaty News, IISD, 2013-09-18
- Mobil v. Canada – Ratcheting Down the Scope of Treaty ReservationsLise Johnson, Investment Policy Hub, UNCTAD, 2013-09-10
- Memo to the Obama Administration on the Burma Responsible Investment Reporting Requirements 2013-09-05 [+]
In September 2013, the VCC sent a memo to President Obama and his Administration in response to the first public reports submitted by U.S. companies in compliance with the Burma Responsible Investment Reporting Requirements. The memo applauded the U.S. Government’s efforts to encourage responsible investment in Burma, noting that robust due diligence is essential to ensuring that international investments contribute to sustainable development. Yet the memo also urged the Obama Administration to take steps to strengthen future reporting. In particular, the VCC urged the Administration to issue clarifying guidance that any U.S. investor submitting a report should (1) provide information on due diligence policies and procedures related to land rights, and (2) provide thorough information in response to each reporting question, regardless of whether its investments are “passive.”
- Why the Extractive Industry Should Support Mandatory Transparency: A Shared Value ApproachJulien Topal and Perrine Toledano, Business and Society Review, Volume 118, Issue 3, pp. 271–298, 2013-09
- New UNCITRAL Arbitration Rules on Transparency: Application, Content and Next StepsLise Johnson, Nathalie Bernasconi-Osterwalder, 2013-08-30
- Inward and Outward FDI Country Profiles, Second Edition 2013Edited by Karl P. Sauvant, Padma Mallampally, and Geraldine McAllister, 2013-08
- Advancing Domestic Development Through Overseas InvestmentKarl P. Sauvant and Victor Z. Chen, East Asia Forum Quarterly, 2013-07
- Investment to the Fore in EU-US PartnershipKarl P. Sauvant, Letter to the Editor, Financial Times, 2013-06-20
- Great Debate: Mining in Latin AmericaLisa Sachs, The Morningside Post, 2013-04-25
- Foreign Direct Investment by Emerging Economy Multinationals: Coping with the Global CrisisKarl P. Sauvant and Geraldine McAllister, in Marin A. Marinov and Svetla T. Marinova, eds., Emerging Economies and Firms in the Global Crisis (New York: Palgrave Macmillan, 2013), pp. 14-46, 2013
- Investor-State Contracts, Host-State “Commitments” and the Myth of Stability in International LawLise Johnson and Oleksandr Volkov, The American Review of International Arbitration, Volume 24, No. 3, pp. 361-415, 2013
- Prospering in the United StatesKarl P. Sauvant, in Ji Tao, Liu Baijia, William Ahearn, Ho Manli and John B. Wood, eds., Chinese Enterprises in the United States 2013 (New York: China Daily USA), pp. 206-207, 2013
- The 2012 US Model BIT and What the Changes (or Lack Thereof) Suggest About Future Investment TreatiesLise Johnson, Political Risk Insurance Newsletter, 2012-11
- Intra-African Investment – A Pressing IssueLise Johnson, Shawn Pelsinger and Sritha Reddy, Africa Investor, 2012-11
- FDI Perspectives: Issues in International Investment, 2nd EditionEdited by Karl P. Sauvant and Jennifer Reimer, 2012-11
- Inching Towards Consensus: An Update on the UNCITRAL Transparency NegotiationsLise Johnson, Investment Treaty News, IISD, 2012-10-30
- Submissions to UNCITRAL Working Group II on Arbitration and Conciliation 2012-10-12 [+]
Most investment treaties grant investors the procedural right to bring claims against governments through investor-state arbitration. Under the arbitration rules that commonly govern the proceedings, including the arbitration rules developed by a United Nations body, the United Nations Commission on International Trade Law (UNCITRAL), these disputes can remain hidden from public view from their commencement through conclusion. Recognizing the public interest in investor-state arbitration, UNCITRAL has been working since 2010 to develop a legal standard that would ensure transparency in investor-state arbitration.
Committed to the belief that transparency in investor-state arbitration is fundamental for accountability, good governance, and the rule of law, elements which are, in turn, crucial for sustainable development, the VCC has been participating in the UNCITRAL process and has drafted various notes and proposals in support of the effort to increase public access to information regarding these disputes. In October 2012, the VCC and partners submitted two documents to country delegations to UNCITRAL: a
background note describing and analyzing the key issues involved in UNCITRAL’s work to increase transparency in investor-state arbitrations, and a
proposal for specific text that UNCITRAL could adopt. Based on
developments in October 2012, in February 2013, the VCC submitted
additional comments on UNCITRAL’s efforts to ensure transparency of investor-state arbitration.
In July 2013, the United Nations Commission on International Trade Law (UNCITRAL) adopted its Rules on Transparency in Treaty-based Investor-State Arbitration. The Rules on Transparency offer a carefully negotiated and widely approved template for how to conduct investor-state arbitrations in a way that is consistent with the global recognition of the importance of transparency as a tool for promoting effective democratic participation, good governance, accountability, predictability and the rule of law. This fall, UNCITRAL will prepare a convention to facilitate wide application of the new rules to UNCITRAL and non-UNCITRAL arbitrations under existing and future treaties. The VCC, together with the Center for International Environmental Law and International Institute for Sustainable Development, has prepared a
paper describing the new Rules on Transparency and UNCITRAL’s next steps.
- Investment Promotion Agencies and Sustainable FDI: Moving toward the Fourth Generation of Investment Promotion 2012-06-25 [+]
The Vale Columbia Center and The World Association of Investment Promotion Agencies (WAIPA) conducted a survey of investment promotion agencies (IPAs) that are members of WAIPA on FDI and sustainable development in April and May 2010. The report based on the findings, Investment Promotion Agencies and Sustainable FDI: Moving toward the Fourth Generation of Investment Promotion, benchmarks the responses of IPAs regarding sustainable FDI and its four dimensions (economic development, environmental sustainability, social development, governance) and finds, among other things, that these are unevenly addressed by investment promotion strategies and investment incentives. The report also draws attention to the desirability of attracting sustainable FDI, rather than focusing on volume of investment alone.
- Equal Treatment for Outward Investors, op. ed.Karl P. Sauvant, Project Syndicate, 2012-06-12
- Addressing Climate Change Mitigation and Adaptation Through Insurance for Overseas Investments: The example of the U.S. Overseas Private Investment CorporationLise Johnson, IISD, 2012-05
- New kid on the block learning the rulesKarl P. Sauvant, East Asia Forum Quarterly, 2012-04
- Roundtable on States and State-Controlled Entities as Claimants in International Investment ArbitrationMichael Nolan, 2012-03 [+]
International investment by State-controlled entities (SCEs) is on the rise. State-owned enterprises (SOEs), especially from Europe, have long been active players in the world FDI market. They have been joined, in the past few years, by a wide range of SOEs and sovereign wealth funds from emerging markets, including from China, Russia, and Singapore. Parallel to the rise of international investment, investors have become more assertive in pursuing their rights under international investment agreements. The result has been a rise in treaty-based international investment disputes. It can be expected that the number of international arbitrations initiated by SCEs, while currently limited, will likely grow in coming years as well. This, in turn, leads to the question as to what specific issues may arise in international arbitrations if a claimant is a State or a State-controlled entity.
On March 19, 2010, the Vale Columbia Center hosted a Roundtable on States and State-Controlled Entities as Claimants in International Investment Arbitration. The Roundtable reviewed cases brought in the past by SCEs and the issues that were discussed in their context, and it looked at the experience gained in commercial arbitrations as regards SCEs. From there, the Roundtable moved on to a number of specific issues that appear to be most relevant in the context of SCEs as claimants, namely issues related to the initiation of claims, forum selection, parallel proceedings, counterclaims, and third-party financing. Understanding the new environment in which SCEs may operate as parties to international arbitrations, as well as the principal issues relating to disputes involving them, becomes an increasingly important matter for anyone interested in international investment law and arbitration.
More information on the Roundtable event, including the program and participant list, is available
here.
- Chinese Outward Investment: An Emerging Policy FrameworkEdited by Lise Johnson, Nathalie Bernasconi-Osterwalder and Jianping Zhang (International Institute for Sustainable Development and Institute for International Economic Research, 2012), 2012
- Negotiations on the Bilateral Investment Treaty Between China and the USA: Consensus, Controversies and Prospect (in Chinese)Karl P. Sauvant and Chen Huiping, Journal of International Economic Law, Volume 19, No. 4, 2012
- Foreword - Russian Multinationals: From Regional Supremacy to Global LeadKarl P. Sauvant, Andrei Panibratov, Russian Multinationals: From Regional Supremacy to Global Lead (London: Routledge), 2012
- Foreword - Impacts of Emerging Economies and Firms on International BusinessKarl P. Sauvant, in Marin A. Marinov and Svetla T. Marinova, eds., Impacts of Emerging Economies and Firms on International Business (Houndmills: Palgrave Macmillan), pp. xii-xiv, 2012
- Sovereign Investment: Concerns and Policy ReactionsEdited by Karl P. Sauvant, Lisa E. Sachs, and Wouter P.F. Schmit Jongbloed (Oxford University Press, 2012), 2012
- Memo to the SEC on the Proposed Rule on Disclosure of Payments by Resource Extraction IssuersPerrine Toledano, 2011-12-16 [+]
The Vale Columbia Center on Sustainable International Investment strongly supports the transparency of contracts and tax flows. As many stakeholders in the field, the VCC’s belief is that transparency is essential so that a) governments can assess whether their contracts and laws are fair and comparable in terms and benefits to those in other countries with similar endowments; b) communities and civil society can assess how the risks, benefits and responsibilities are allocated among the various stakeholders, and c) governments and investors can be held accountable for their commitments.
Guided by this belief, the VCC decided to establish the business case for transparency. The objective is to support the collective effort seeking to inform the Security and Exchange Commission (SEC) as it moves forward with the Dodd Frank Wall Street Reform and Consumer Protection Act, which requires all US listed companies to report detailed payments to governments on a country and project-by-project basis in all countries of operation.
- China, Inc. goes global, op. ed.Karl P. Sauvant, Project Syndicate, 2011-11-30 [+]
This op. ed. was also published in The Korea Times (South Korea), South China Morning Post (Hong Kong), Khaleej Times (UAE), Lianhe Zaobao (Singapore), The Straits Times (Singapore), La Vanguardia (Spain), Jordan Times (Jordan), Bangkok Post (Thailand), China National News (China), Columbia Business School-Chazen Global Insights (USA), Caijing Magazine (China), Politiken (Denmark), Business Intelligence (Macau), Taipei Times (Taiwan), The Georgian Times (Georgia), Wyborcza (Poland), Al Watan Daily (Kuwait), Times of Oman (Oman), Al Arab (Qatar), Les Echos (Mali/France).
- Is the United States ready for FDI from China?Karl P. Sauvant, China Daily insert in The New York Times, 2011-11-10 [+]
(Also published in a China Daily insert in The Wall Street Journal and the China Daily Special WTO Anniversary Edition).
- You don’t have to be big to be a multinationalKarl P. Sauvant, Letter to the Editor, Financial Times, 2011-08-25
- Zambezi Valley Development Study 2011-06-01 [+]
In June 2011, the Vale Columbia Center released a consultative draft report on Resource-Based Sustainable Development in the Lower Zambezi Basin, the result of a year-long inquiry into how the vast resource deposits in Tete province, combined with other major investments along the Nacala and Beira corridors, can be the basis for sustainable, equitable and inclusive growth in the Lower Zambezi Basin.
The report recommends a framework of actions by Mozambique and its public and private partners to ensure that Mozambique reaps a major boost to economic development from its vast resource endowments, while also respecting the profitability of private-sector investments in these important projects. In short, the report aims for a “win-win” arrangement in which all stakeholders, public and private, derive benefits from the mining sector in Tete Province. The consultative draft was presented in Mozambique in June 2011 to serve as the basis for discussion, comment, and engagement with the range of stakeholders- government, private sector, development partners, regional banks, and civil society. Comments are welcome on the report. The Vale COlumbia Center looks forward to working with stakeholders in the region on implementation.
- Overcoming liability of foreignness, op. ed.Karl P. Sauvant, China Daily, 2011-05-23
- Learning from experience: An interview with three expertsInterview with Karl P. Sauvant (and others), Political Risk Insurance Newsletter, Volume 7, Issue 1, May 2011, pp. 1, 4-8, 2011-05
- Special Issue of Transnational CorporationsVol. 20, No. 1, April 2011, guest editors, Karl P. Sauvant and Miles Killingsworth (New York and Geneva: United Nations Conference on Trade and Development, 2011)., 2011-04
- Memo to the SEC on the Dodd Frank Wall Street Reform and Consumer Protection ActSusan Maples, 2011-03-02 [+]
The Securities Exchange Commission (SEC) has been working to write rules for the Dodd Frank Wall Street Reform and Consumer Protection Act for several months now. Of particular interest to the VCC is section 1504, which would require oil, gas and mining companies to report payments made to governments for those natural resources. The law takes its inspiration from the Extractive Industries Transparency Initiative (EITI). Resource-rich countries that voluntarily adopt the EITI require both the corporate disclosure that Dodd Frank will require as well as government disclosure of revenues received from companies.
As a part of the rule-making process, the SEC invited the public to provide comments and research to assist with implementation of section 1504 (among others). The VCC submitted research showing that this proposed law would not violate foreign confidentiality laws or cause companies to violate confidentiality clauses in their contracts with governments. The submission emphasized that, if anything, the opposite is true: countries are moving towards requiring these disclosures, not vice versa.
- China: Inward and Outward Foreign Direct InvestmentKarl P. Sauvant, in Transnational Corporations Review, Volume 3, No. 1, 2011-03
- MNEs from Emerging Markets: New Players in the World FDI MarketEdited by Karl P. Sauvant, Vishwas P. Govitrikar and Ken Davies (January 2011)., 2011-01
- Inward and Outward FDI Country ProfilesEdited by Karl P. Sauvant, Thomas Jost, Ken Davies, and Ana-Maria Poveda-Garces (January 2011). , 2011-01
- FDI Perspectives: Issues in International InvestmentEdited by Karl P. Sauvant, Lisa Sachs, Ken Davies, Ruben Zandvliet (January 2011)., 2011-01
- Reports of Overseas Private Investment Corporation DeterminationsEdited by Mark Kantor, Michael D. Nolan, and Karl P. Sauvant (New York: Oxford University Press, 2011)., 2011
- The regulatory framework for investment: where are we headed?Karl P. Sauvant, in Ravi Ramamurti and Niron Hashai, eds., The Future of Foreign Direct Investment and the Multinational Enterprise (Emerald Group Publishing: 2011), pp. 407-433, 2011 [+]
See also the table of contents and front matter, or visit the
Emerald Bookstore for ordering information.
- Interview with Karl P. Sauvant for “The Rise of China” (video) 2011 [+]
Video in celebration of China’s 60th Anniversary (produced by Netease).
- The Evolving International Investment Regime: Expectations, Realities, OptionsEdited by José E. Alvarez and Karl P. Sauvant with Kamil Gérard Ahmed and Gabriela P. Vizcaíno (New York: Oxford University Press, 2011)., 2011
- Le Defi Chinois, op. ed.Karl P. Sauvant and Ken Davies, Project Syndicate, 2010-12-02 [+]
This article was reprinted in the following publications: Biencar Hebdo (Cameroon); Ethio-Chamber (Ethiopia); Les Echos (Mali); Le Quotidien de Nouakchott (Mauritania); The New Times (Rwanda); The Shanghai Daily (China); Jakarta Post (Indonesia); The Japan Times (Japan); Business World (Phillipines); Taipei Times (Taiwan); Wyborcza (Poland); Goodwill (Slovakia); Valor (Brazil); Al Eqtisadiah (Saudi Arabia); Borsen (Denmark); Le Nouvel Economiste (France); II sole – 24 Ore (Italy); The Malta Independent (Malta); L’Agefi (Switzerland).
- Interview with Karl P. Sauvant in O Globo.Danielle Nogueira, O Globo - Economia, 2010-11-22
- Investment Promotion Agencies and Sustainable FDI: Moving toward the Fourth Generation of Investment Promotion 2010-06-25 [+]
The Vale Columbia Center and The World Association of Investment Promotion Agencies (WAIPA) conducted a survey of investment promotion agencies (IPAs) that are members of WAIPA on FDI and sustainable development in April and May 2010. The report based on the findings, Investment Promotion Agencies and Sustainable FDI: Moving toward the Fourth Generation of Investment Promotion, benchmarks the responses of IPAs regarding sustainable FDI and its four dimensions (economic development, environmental sustainability, social development, governance) and finds, among other things, that these are unevenly addressed by investment promotion strategies and investment incentives. The report also draws attention to the desirability of attracting sustainable FDI, rather than focusing on volume of investment alone.
- Rapporteur’s Report on the Roundtable on States and State-Controlled Entities as Claimants in International Investment ArbitrationMichael Nolan, 2010-03 [+]
International investment by State-controlled entities (SCEs) is on the rise. State-owned enterprises (SOEs), especially from Europe, have long been active players in the world FDI market. They have been joined, in the past few years, by a wide range of SOEs and sovereign wealth funds from emerging markets, including from China, Russia, and Singapore. Parallel to the rise of international investment, investors have become more assertive in pursuing their rights under international investment agreements. The result has been a rise in treaty-based international investment disputes. It can be expected that the number of international arbitrations initiated by SCEs, while currently limited, will likely grow in coming years as well. This, in turn, leads to the question as to what specific issues may arise in international arbitrations if a claimant is a State or a State-controlled entity.
On March 19, 2010, the Vale Columbia Center hosted a Roundtable on States and State-Controlled Entities as Claimants in International Investment Arbitration. The Roundtable reviewed cases brought in the past by SCEs and the issues that were discussed in their context, and it looked at the experience gained in commercial arbitrations as regards SCEs. From there, the Roundtable moved on to a number of specific issues that appear to be most relevant in the context of SCEs as claimants, namely issues related to the initiation of claims, forum selection, parallel proceedings, counterclaims, and third-party financing. Understanding the new environment in which SCEs may operate as parties to international arbitrations, as well as the principal issues relating to disputes involving them, becomes an increasingly important matter for anyone interested in international investment law and arbitration.
More information on the Roundtable event, including the program and participant list, is available
here.
- Preface - Transnational Corporations in China: Research and DevelopmentKarl P. Sauvant, in Hugh Deng, Hang Wu, Gloria Yuan, and Jingfeng Zhao, eds., Transnational Corporations in China: Research and Development (Ottawa: Ottawa Learning Academy, The School of Economics and Management and Northwest University (China)), 2010
- The Rise of Indian MultinationalsEdited by Karl P. Sauvant and Jaya Prakash Pradhan, with Ayesha Chatterjee and Brian Harley (New York: Palgrave Macmillan, 2010)., 2010
- Investing in the United States: Is the U.S. Ready for FDI From China?Edited by Karl P. Sauvant (Cheltenham: Edward Elgar, 2010)., 2010
- Foreign Direct Investment from Emerging Markets: The Challenges AheadEdited by Karl P. Sauvant and Geraldine McAllister, with Wolfgang A. Maschek (New York: Palgrave Macmillan, 2010)., 2010
- FDI Protectionism Is on the RiseKarl P. Sauvant, Policy Research Working Paper 5052 (The World Bank), 2009-09 [+]
Shorter versions of this paper were published in Evenett et al. (eds), “The fateful allure of protectionism: Taking stock for the G8,” The World Bank and Center for Economic Policy Research (2009), pp. 53-56, available
here, and in the World Bank Research Digest (fall 2009), available
here.
- We must guard against growing protectionism, op. ed.Karl P. Sauvant, Shanghai Daily, 2009-08-04 [+]
This op. ed. (also published as Beware of FDI Protectionism) also appeared in Les Echos (Mali), Joong Ang Ilbo and The Korea Times (Republic of Korea), Al Eqtisadiah (Saudi Arabia), Al Watan Daily and Al Jarida (Kuwait), Al Mal (United Arab Emirates), Jornal De Negocios (Portugal), The Edge (Malaysia), Business World (Philippines), I Naftemporiki (Greece), Business Day (Nigeria), South China Morning Post (Hong Kong), Jakarta Post (Indonesia), L’Echo (Belgium), Poslovni Dnevnik (Croatia), Aripaev (Estonia), L’Agefi (Switzerland), Ekonomichna Pravda (Ukraine), and Peru Economico (Peru).
- Learning from the CrisisNely Caixeta, Presença Internacional do Brasil, May/June 2009, pp. 22-25, 2009-05 [+]
In this interview with Karl P. Sauvant, Dr. Sauvant discusses the impact of the financial crisis on emerging markets. [Also: Editors' note: "
Two way street."]
- Watch out for the rise of protectionism in FDIKarl P. Sauvant, Letter to the Editor, Financial Times, 2009-03-14
- Memo to the Obama Administration on “Improving the International Investment Regime”Karl P. Sauvant, 2009-01-29 [+]
In January 2009, VCC sent a Memo to President Obama’s Administration on “Improving the international investment regime.” The Memo encourages the new Administration to take a look at the current international investment regime and consider several actions that the United States might take to strengthen that regime. A number of these ideas are already on the table, and the new Administration will have to be prepared, in one way or another, to deal with them. Several eminent colleagues at Columbia University signed on to the Memo.
- Bilateral investment treaties and FDI flowsLisa E. Sachs, WAIPA Newsletter, Issue 5, Quarter 2, 2009
- Handbook for Promoting Foreign Direct Investment in Medium-size, Low-Budget Cities in Emerging Markets 2009
- The Effect of Treaties on Foreign Direct Investment: Bilateral Investment Treaties, Double Taxation Treaties and Investment FlowsEdited by Karl P. Sauvant and Lisa E Sachs (New York: Oxford University Press, 2009)., 2009
- The rise of FDI protectionismKarl P. Sauvant, in A New Investment Paradigm, OCO Insight (OCO Global, 2008/2009), 2009
- Pondering FDI in Crisis: investment could drop or it just might rise, op. ed.Karl P. Sauvant, Shanghai Daily, 2008-11-28
- Emerging markets’ FDI strikes sensitive nerve, op. ed.Karl P. Sauvant, Shanghai Daily, 2008-10-23
- Outward FDI from Emerging Markets: Some Policy IssuesKarl P. Sauvant, in John H. Dunning and Philipe Gugler, Foreign Direct Investment, Location and Competitiveness: Progress in International Business Research, volume 2 (Oxford: Elsevier Ltd), pp. 279-284, 2008
- Chinese Direct Investment in the United States– The Challenges AheadKarl P. Sauvant and Clarence Kwan (2008), Location USA, pp. 39-46, 2008 [+]
This article is based on a longer working paper of the same name, published by the U.S. Chinese Services Group of Deloitte LLP and the Vale Columbia Center. (
download)
- Des contrats plus justes pour les pays pauvres, op. ed.Karl P. Sauvant, Le Monde (France), 2008 [+]
This op. ed. (published in English as “
Fair Contracts for Poor Countries”) also appeared in
Les Echos (Mali),
Standard Times (Sierra Leone),
The Independent (Bangladesh),
Modern Weekly (China),
The Korea Times (Republic of Korea),
The Edge (Malaysia),
Daily Times (Pakistan),
Business World (Philippines),
Taipei Times (Taiwan Province of China),
I Naftemporiki (Greece),
The Malta Independent (Malta),
Jornal De Negocios (Portugal),
Reforma (Mexico),
El Nuevo Diario (Nicaragua),
La Prensa (Panama),
Al Tijaria (Bahrain),
Al-Sabah Al-Jadeed (Iraq),
Al Eqtisadiah (Saudi Arabia),
Yemen Times (Yemen), and
Diario Las Americas (USA).
- The Rise of Transnational Corporations from Emerging Markets: Threat or Opportunity?Edited by Karl P. Sauvant with Kristin Mendoza and Irmak Ince (Cheltenham: Edward Elgar, 2008), 2008
- Appeals Mechanism in International Investment DisputesEdited by Karl P. Sauvant with Michael Chiswick-Patterson (New York: Oxford University Press, 2008)., 2008
- Chávez strategy points to emerging nation rethink on approach to FDIKarl P. Sauvant, letter to the editor, Financial Times, 2007-01-15
- Africa: the FDI opportunities are localKarl P. Sauvant, International Trade Forum (online), 2007-01
- FDI goes local: the Millennium Cities InitiativeKarl P. Sauvant, International Trade Forum, 1 (Geneva: International Trade Centre), pp. 29-30, 2007
- Without investment, the countries have nothing to tradeKarl P. Sauvant, Letter to the Editor, Financial Times, 2006-12-27
- Les investisseurs étrangers sont-ils encore les bienvenus? op. ed.Karl P. Sauvant, Le Monde, 2006-10-10 [+]
This op. ed. also appeared in the Shanghai Daily (China), Bangkok Post (Thailand), Korea Herald (Republic of Korea), Taipei Times (Taiwan), Companion (Ukraine), Les Echos (Mali), Daily Times (Pakistan), Reforma (Brazil), The Edge Daily (Malaysia), Hong Kong Economic Journal (Hong Kong), Business Report (South Africa), Webdairy (Australia), Delo (Slovenia), Valor (Brazil), La Opinion (USA), Het Financieele Dagblad (The Netherlands) and Altmotamar (Yemen), Business World (Philippines), AKI-Press (Kyrgyzstan), Belarusians and the Market (Belarus), L’Echo (Belgium), Respekt (Czech Republic), Aripaev (Estonia), Logos Press (Moldova), El Observador (Uruguay), Al Eqtisadiah (Saudi Arabia), Diario Las Americas (USA).
- We need to think about policy implications of integrationKarl P. Sauvant, Letter to the Editor, Financial Times, 2006-06-14
- World Investment Prospects to 2011: Foreign Direct Investment and the Challenge of Political Risk 2006
- A backlash against foreign direct investment?Karl P. Sauvant, in World Investment Prospects to 2010: Boom or Backlash? (London, UK: The Economist Intelligence Unit Ltd.), pp 71-77, 2006
- Reservoirs of the futureKarl P. Sauvant, in Samuel Passow and Magnus Runnbeck (eds.), What’s Next? Strategic Views on Foreign Direct Investment (Jönköping, Sweden: Invest in Sweden Agency), pp. 90-97, 2005
- The Yearbook on International Investment Law and PolicyNew York: Oxford University Press