Evaluating the effect of Bilateral Investment Treaties on Foreign Direct Investments and the role of Democracy
Foreign direct investments (FDI) have in later years become regarded as a key engine to economic growth, which many developing countries find appealing. Developing countries do however often find it hard to attract FDI since they have an unstable political environment due to inferior levels of democracy. To overcome this issue, they turn to bilateral investment treaties (BITs) with the hope that t
