From State-Controlled Enterprises to Investment Screening: Paving the Way for Stricter Rules on Foreign Investment
Article from: TDM 6 (2020), in State-Controlled Entities
Abstract
State-Controlled Enterprises (SCEs), either as Sovereign Wealth Funds (SWFs) or as State-Owned Enterprises (SOEs) are a rising cause of concern among states receiving their investments. Not only the possibility of creating market distortion but also the ties of SCEs with their home state governments arouse distrust in several host states. Although international instruments have been developed to address most of the criticisms of investments made by SCEs, states prefer to rely on domestic regulations. In this context, investment screening laws are becoming more popular in the recent years. ...