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The shield of nationalitywhen govern...

Developing countries

The shield of nationalitywhen governments break contracts with foreign firms /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The shield of nationalityRachel Wellhausen.
Reminder of title:	when governments break contracts with foreign firms /
Author:	Wellhausen, Rachel L.
Published:	Cambridge :Cambridge University Press,2015.
Description:	xiii, 271 p. :ill., digital ;24 cm.
Subject:	Public contractsDeveloping countries.
Subject:	Developing countries
Online resource:	https://doi.org/10.1017/CBO9781316014547
ISBN:	9781316014547$q(electronic bk.)

The shield of nationalitywhen governments break contracts with foreign firms /
Wellhausen, Rachel L.

The shield of nationalitywhen governments break contracts with foreign firms /[electronic resource] :Rachel Wellhausen. - Cambridge :Cambridge University Press,2015. - xiii, 271 p. :ill., digital ;24 cm.

Nationality and leverage in a globalized world -- When governments break contracts -- National diversity and contract sanctity -- Explaining breach around the world: quantitative tests -- Foreign firms and their diplomats in Ukraine -- Moldovan deterrence versus Romanian gold -- Investor-government relations in history -- When national diversity erodes property rights.

There is extraordinary variation in how governments treat multinational corporations in emerging economies; in fact, governments around the world have nationalized or eaten away at the value of foreign-owned property in violation of international treaties. This even occurs in poor countries, where governments are expected to, at a minimum, respect the contracts they make with foreign firms lest foreign capital flee. In The Shield of Nationality, Rachel Wellhausen introduces foreign-firm nationality as a key determinant of firms' responses to government breaches of contract. Firms of the same nationality are likely to see a compatriot's broken contract as a forewarning of their own problems, leading them to take flight or fight. In contrast, firms of other nationalities are likely to meet the broken contract with apparent indifference. Evidence includes quantitative analysis and case studies that draw on field research in Ukraine, Moldova, and Romania.

ISBN: 9781316014547$q(electronic bk.)Subjects--Topical Terms:

810694
Public contracts
--Developing countries.Subjects--Geographical Terms:

236460
Developing countries

LC Class. No.: HD4420.8 / .W45 2015

Dewey Class. No.: 346.023

The shield of nationalitywhen governments break contracts with foreign firms /
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245 1 4 $a The shield of nationality $h [electronic resource] : $b when governments break contracts with foreign firms / $c Rachel Wellhausen.
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300 $a xiii, 271 p. : $b ill., digital ; $c 24 cm.
505 0 $a Nationality and leverage in a globalized world -- When governments break contracts -- National diversity and contract sanctity -- Explaining breach around the world: quantitative tests -- Foreign firms and their diplomats in Ukraine -- Moldovan deterrence versus Romanian gold -- Investor-government relations in history -- When national diversity erodes property rights.
520 $a There is extraordinary variation in how governments treat multinational corporations in emerging economies; in fact, governments around the world have nationalized or eaten away at the value of foreign-owned property in violation of international treaties. This even occurs in poor countries, where governments are expected to, at a minimum, respect the contracts they make with foreign firms lest foreign capital flee. In The Shield of Nationality, Rachel Wellhausen introduces foreign-firm nationality as a key determinant of firms' responses to government breaches of contract. Firms of the same nationality are likely to see a compatriot's broken contract as a forewarning of their own problems, leading them to take flight or fight. In contrast, firms of other nationalities are likely to meet the broken contract with apparent indifference. Evidence includes quantitative analysis and case studies that draw on field research in Ukraine, Moldova, and Romania.
650 0 $a Public contracts $z Developing countries. $3 810694
650 0 $a Business enterprises, Foreign $x Government policy $z Developing countries. $3 810695
650 0 $a International business enterprises $z Developing countries. $3 198567
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