International Peacekeeping Encourages Foreign Direct Investment: Subnational Evidence From Liberia’s Extractive Sector
Patrick Hunnicutt
Abstract:Attracting foreign direct investment (FDI) to post-conflict countries is difficult. After conflict ends, governments struggle to perfectly enforce the institutions which otherwise shield investors from political instability. Reflecting this governance problem, this article presents a new explanation linking United Nations (UN) peacekeeping operations to subnational allocations of FDI in post-conflict countries. I specifically argue that deployments of UN peacekeeping police credibly signal to foreign firms whe… Show more
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