@article{Duncan:139524, recid = {139524}, author = {Duncan, Roderick}, title = {Costs and consequences of the expropriation of FDI by host governments}, address = {2006}, number = {417-2016-26436}, pages = {16}, year = {2006}, abstract = {There are no laws preventing a host government from seizing the capital of a foreign direct investment in its borders and then denying any compensation for the foreign investor. Why do we not see many more expropriations of investor capital by host governments? Compiling a database of expropriations within the minerals sectors of developing countries, I show that there is a cost for expropriation by a host government in the form of lower growth in the sectors of countries that expropriated in the past. It is possible to lose a bad reputation by a host government's actions after expropriation.}, url = {http://ageconsearch.umn.edu/record/139524}, doi = {https://doi.org/10.22004/ag.econ.139524}, }