The WIR@30: Paradigm Shift and a New Research Agenda for the 2020s

This article reviews the evolution of the World Investment Report (WIR) over the past 30 years, with special focus on the period 2010-2020. During this decade, successive WIRs addressed key challenges related to the global shift in the investment-development paradigm. This helped redefine the mainst...

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Bibliographic Details
Published inAIB insights Vol. 20; no. 4; pp. 1 - 8
Main Author Zhan, James
Format Journal Article
LanguageEnglish
Published East Lansing Academy of International Business (AIB) 01.10.2020
Subjects
Economic crisis
Foreign investment
Global economy
International business
International finance
Liberalization
Manufacturing
Multinational corporations
Stagnation
Supply chains
Trends
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Summary:This article reviews the evolution of the World Investment Report (WIR) over the past 30 years, with special focus on the period 2010-2020. During this decade, successive WIRs addressed key challenges related to the global shift in the investment-development paradigm. This helped redefine the mainstream policy prescriptions for cross border investment, trade, corporate governance and development. With the global trade and investment landscape expected to be drastically reshaped in the 2020s, this article highlights five mega-forces driving the transformation of global value chains and outlines a fresh multi-disciplinary research agenda for the decade ahead.
ISSN:1938-9590
1938-9604
DOI:10.46697/001c.18045