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Corporate Preferences and Public Policies

Foreign Aid Sanctions and Investment Protection

Bibliographic Data

ID6411532
AuthorsCharles Lipson (Harvard University Press, corresponding author), Charles H Lipson
Year1976
Volume28
Issue3
Pages396-421
Publication date1976-04-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueWorld Politics (JOURNAL)
Journal identifiersISSN: 0043-8871 • E-ISSN: 1086-3338
PublisherProject MUSE (PUBLISHER • US)
DOI10.2307/2009977
OpenAlexW2167118480
LanguageEN
Citations received9
References cited9

Since 1959 Congress has tried to protect U.S. direct foreign investments from expropriation by quite explicit amendments to various foreign assistance acts. Probably the most important of these legislative efforts, the Hickenlooper amendment, the Gonzales amendments, and the effective repeal of the Hickenlooper amendment, are contradictory and have been applied only sporadically. By developing testable hypotheses that can accurately and parsimoniously predict these varied legislative and diplomatic policies, this article attempts to demonstrate the value of a radical analysis of American foreign policy. After those hypotheses are evaluated, they are compared with propositions derived from pluralist and bureaucratic analysis. Finally, the policy history is reconsidered to show that changes in the external environment, particularly the rise of economically powerful nationalist regimes, have let to a significant evolution in the policy preferences of large multinational firms

Bureaucracy · Business · Economics · Expropriation · Foreign policy · Law and economics · Legislature · Market economy · Multinational corporation · Political science · Politics · Public economics · Repeal · Sanctions · Finance · Global Peace and Security Dynamics · International Arbitration and Investment Law · International Development and Aid · Law

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Unique citing works9
Citations per year0,18
Citation span1976 - 2019 (44)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 9
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