Politicians are often rightfully accused of speaking in generalities, or of not being consistent in the plans they put forth. But in at least one narrow aspect of financial services policy, US Democratic presidential candidate Joe Biden is neither. On three separate occasions in recent months, Biden’s campaign has pledged to establish a government-financed and -operated…
Recent years have seen important global shifts in both the policy frameworks for screening inward foreign investment and the ways in which they are applied. These shifts come against a backdrop of protectionist political rhetoric and anxieties about the impact of foreign direct investment (FDI) in traditionally open economies.