The international system for the governance of foreign investments is highly fragmented consisting mainly of bilateral agreements. With the adoption of nine guiding principles for global investment policy‐making in 2016, some observers argue that the G20 can actually serve as a launchpad for negotiations of a multilateral investment agreement. This paper provides empirical evidence on the question of whether the contents of international investment agreements (IIAs) have gradually converged to facilitate the multilateralization of investment rules. We find that IIAs negotiated among non‐G20 countries are more similar to each other than those concluded by G20 countries in general and even more so since 2000 in particular. This result calls into question the premise that the G20 can serve as the most suitable forum to initiate multilateral negotiations on multilateral investment rules. Instead, an extended analysis using different country grouping criteria suggests that the Member States of the European Union may be a more suitable alternative in this regard. Here the EU can jointly take a leading role in facilitating related negotiations on multilateral investment rules.
The international system for the governance of foreign investments is highly fragmented consisting mainly of bilateral agreements. With the adoption of nine guiding principles for global investment policy‐making in 2016, some observers argue that the G20 can actually serve as a launchpad for negotiations of a multilateral investment agreement. This paper provides empirical evidence on the question of whether the contents of international investment agreements (IIAs) have gradually converged to facilitate the multilateralization of investment rules. We find that IIAs negotiated among non‐G20 countries are more similar to each other than those concluded by G20 countries in general and even more so since 2000 in particular. This result calls into question the premise that the G20 can serve as the most suitable forum to initiate multilateral negotiations on multilateral investment rules. Instead, an extended analysis using different country grouping criteria suggests that the Member States of the European Union may be a more suitable alternative in this regard. Here the EU can jointly take a leading role in facilitating related negotiations on multilateral investment rules.
The international system for the governance of foreign investments is highly fragmented consisting mainly of bilateral agreements. With the adoption of nine guiding principles for global investment policy‐making in 2016, some observers argue that the G20 can actually serve as a launchpad for negotiations of a multilateral investment agreement. This paper provides empirical evidence on the question of whether the contents of international investment agreements (IIAs) have gradually converged to facilitate the multilateralization of investment rules. We find that IIAs negotiated among non‐G20 countries are more similar to each other than those concluded by G20 countries in general and even more so since 2000 in particular. This result calls into question the premise that the G20 can serve as the most suitable forum to initiate multilateral negotiations on multilateral investment rules. Instead, an extended analysis using different country grouping criteria suggests that the Member States of the European Union may be a more suitable alternative in this regard. Here the EU can jointly take a leading role in facilitating related negotiations on multilateral investment rules.
The aim of this chapter (in Portuguese) is to present an overview about the challenge of the rise of populist radical right parties in Europe. Based on the literature, it is argued that their electoral rise has allowed these parties to exert influence on the political agenda, beyond the dimension of electoral competition itself. Populist radical right positions have resonated in other spheres, such as public opinion, traditional parties, democratic institutions and public policies. The chapter starts with a definition of populist radical right parties, then discusses what they represent and what are the explanations found in the literature for their emergence and electoral persistence, with a focus on supply-side factors. In the end, the chapter reflects on some of the implications of the rise of the populist radical right in the the European continent.
The aim of this chapter (in Portuguese) is to present an overview about the challenge of the rise of populist radical right parties in Europe. Based on the literature, it is argued that their electoral rise has allowed these parties to exert influence on the political agenda, beyond the dimension of electoral competition itself. Populist radical right positions have resonated in other spheres, such as public opinion, traditional parties, democratic institutions and public policies. The chapter starts with a definition of populist radical right parties, then discusses what they represent and what are the explanations found in the literature for their emergence and electoral persistence, with a focus on supply-side factors. In the end, the chapter reflects on some of the implications of the rise of the populist radical right in the the European continent.
The aim of this chapter (in Portuguese) is to present an overview about the challenge of the rise of populist radical right parties in Europe. Based on the literature, it is argued that their electoral rise has allowed these parties to exert influence on the political agenda, beyond the dimension of electoral competition itself. Populist radical right positions have resonated in other spheres, such as public opinion, traditional parties, democratic institutions and public policies. The chapter starts with a definition of populist radical right parties, then discusses what they represent and what are the explanations found in the literature for their emergence and electoral persistence, with a focus on supply-side factors. In the end, the chapter reflects on some of the implications of the rise of the populist radical right in the the European continent.
This paper compares the allocation of private humanitarian aid to that of official humanitarian aid awarded to 140 recipient countries over the 2000–2016 period. We construct a new database that offers information on the country in which the headquarters of private donors are located to test whether private aid tends to follow the humanitarian aid allocation pattern of the respective official donor. Our empirical results confirm that private humanitarian aid tends to “follow the flag”. This finding is robust against the inclusion of various fixed effects, estimating instrumental variables models and disaggregating private humanitarian aid into corporate aid and NGO aid. Donor country‐specific estimations reveal that private humanitarian aid from China, Sweden, the United Kingdom and the United States tend to “follow the flag”.
This paper compares the allocation of private humanitarian aid to that of official humanitarian aid awarded to 140 recipient countries over the 2000–2016 period. We construct a new database that offers information on the country in which the headquarters of private donors are located to test whether private aid tends to follow the humanitarian aid allocation pattern of the respective official donor. Our empirical results confirm that private humanitarian aid tends to “follow the flag”. This finding is robust against the inclusion of various fixed effects, estimating instrumental variables models and disaggregating private humanitarian aid into corporate aid and NGO aid. Donor country‐specific estimations reveal that private humanitarian aid from China, Sweden, the United Kingdom and the United States tend to “follow the flag”.
This paper compares the allocation of private humanitarian aid to that of official humanitarian aid awarded to 140 recipient countries over the 2000–2016 period. We construct a new database that offers information on the country in which the headquarters of private donors are located to test whether private aid tends to follow the humanitarian aid allocation pattern of the respective official donor. Our empirical results confirm that private humanitarian aid tends to “follow the flag”. This finding is robust against the inclusion of various fixed effects, estimating instrumental variables models and disaggregating private humanitarian aid into corporate aid and NGO aid. Donor country‐specific estimations reveal that private humanitarian aid from China, Sweden, the United Kingdom and the United States tend to “follow the flag”.