Sonal S. Pandya is an associate professor of Politics at the University of Virginia. A scholar of international political economy, her research analyzes the influence of politics on the international organization of production. She is the author of Trading Spaces: Foreign Direct Investment Regulation, 1970-2000 (Cambridge) and articles in journals including Review of Economics and Statistics, International Organization, Public Choice, and International Studies Quarterly. Pandya received the American Political Science Association Mancur Olson Award and the International Political Economy Society inaugural best book award. She is a graduate of Stanford University, received her PhD from Harvard University, and has been a fellow of the Niehaus Center for Globalization and Governance at Princeton University.
Foreign direct investment (FDI), the investments that firms make to produce goods in foreign countries, is integral to global economic integration. However, we lack explanations for why and how countries set policies governing these investments. This book examines why countries dismantled FDI restrictions over the period 1970-2000. It features statistical analyses of the most comprehensive dataset of industry-level FDI regulations to date, covering more than one hundred countries. It also highlights the economic and political foundations of global economic integration and supplies the tools to understand the growing economic conflicts between advanced economics and large emerging markets such as China and India.
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