Effects of the Deployment and Departure of UN Peacekeeping Operations on Foreign Direct Investment

IF 1.7 4区经济学 Q3 DEVELOPMENT STUDIES

Journal of International Development Pub Date : 2025-04-29 DOI:10.1002/jid.4006

Wakako Maekawa

引用次数: 0

Abstract

Do United Nations peacekeeping operations (UNPKOs) foster foreign direct investment (FDI) in host countries over time? I argue that the deployment of UNPKOs increases FDI by signaling credibility in peace and the rule of law. However, once peacekeepers depart, uncertainty regarding political stability, due to premature withdrawal and unemployment shocks deters investment in the short term. Over time, however, FDI increases as investors recognize the country's growing resilience, shaped by the legacy of UNPKOs. Empirical analyses test these hypotheses, demonstrating that while the departure of peacekeepers initially slows investment, it ultimately accelerates FDI inflows in the long run.

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联合国维和行动部署和撤离对外国直接投资的影响

联合国维持和平行动能否长期促进东道国的外国直接投资？我认为，部署维和行动表明了和平与法治方面的信誉，从而增加了外国直接投资。然而，一旦维和人员离开，由于过早撤离和失业冲击造成的政治稳定不确定性将在短期内阻碍投资。然而，随着时间的推移，外国直接投资增加，因为投资者认识到该国在维和行动遗产的影响下日益增强的复原力。实证分析对这些假设进行了检验，结果表明，虽然维和人员的离开最初会减缓投资，但从长期来看，它最终会加速外国直接投资流入。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Development DEVELOPMENT STUDIES-

CiteScore

2.40

自引率

0.00%

发文量

109

期刊介绍： The Journal aims to publish the best research on international development issues in a form that is accessible to practitioners and policy-makers as well as to an academic audience. The main focus is on the social sciences - economics, politics, international relations, sociology and anthropology, as well as development studies - but we also welcome articles that blend the natural and social sciences in addressing the challenges for development. The Journal does not represent any particular school, analytical technique or methodological approach, but aims to publish high quality contributions to ideas, frameworks, policy and practice, including in transitional countries and underdeveloped areas of the Global North as well as the Global South.