Conclusions: The challenge Of the development dimension

Abstract

Most host countries conclude international investment agreements (agreements that address, at least in part, investment issues) mainly to help attract FDI to further their development. Most home countries conclude them mainly to make the regulatory framework for FDI in host countries more transparent, stable, predictable and secure— and to reduce obstacles to future FDI flows. Because the regulatory framework for FDI—at whatever level—is at best enabling whether FDI actually flows depends mainly on the economic determinants in host countries.