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Periodical article Periodical article
Title:'The relationship between domestic investment laws and international investment laws in the flow of foreign direct investment.'
Author:Mazrui, Rafaa
Year:2024
Periodical:KAS African Law Study Library (ISSN 2363-6262)
Volume:11
Issue:4
Pages:578-597
Language:English
Geographic terms:world
Kenya
Subjects:law
foreign investments
international trade
External link:https://www.nomos-elibrary.de/index.php?doi=10.5771/2363-6262-2024-4-578
Abstract:The Liberal International Order (LIO), established in the aftermath of World War II, is underpinned by political and economic liberalism, alongside liberal internationalism, emphasizing liberal democracy, open markets, and cooperative security. however, a dialectical tension between nationalism and internationalism shapes the evolution of international organizations and their governance, impacting their effectiveness in promoting the global common good versus state-centric interests. this paper explores the dynamics of Foreign Direct Investment (FDI) within this framework, particularly considering recent trends of de-globalization, exacerbated by the 2008 financial crisis and the COVID-19 pandemic, which have led to a notable decline in global trade and FDI flows.
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