Dear Members of the World Investment Network, 
The Spring issue (Vol. 28 No.1) of our Transnational Corporations academic policy-orientated journal has just been published online.
The papers in the issue cover the following themes with the following policy relevant key insights:

  • Alex Cobham Petr Janský Chris Jones and Yama Temouri evaluate the recent European Commission’s Common Consolidated Corporate Tax Base. Their findings indicate this is likely to impose large tax revenue costs of around one fifth of the corporate tax base.
  • The paper by Lilac Nachum, Grigorios Livanis and Hyokyoung Grace Hong empirically confirm that the impact of physical location on attracting inward FDI is moderated by constructed dimensions of space that are not directly related to geography.
  • Yuanyuan Li and John Cantwell explore the enablers of emerging-market firms’ rapid internationalization through high commitment FDI, thereby leapfrogging low commitment stages in the establishment chains, such as exports or sales subsidiary type FDI.
  • Ricardo Monge-González, Luis Rivera and Nanno Mulder study cultural spillovers from multinational to domestic firms in the Costa Rican IT sector, showing strong labour mobility and of competition and demonstration leading to very similar gender practices across the sector.
  • The UNCTAD Insights paper by Nina Vujanović, Bruno Casella and Richard Bolwijn analyses and forecasts global FDI inflows based on panel econometric techniques. Improving methods to forecast international investment flows, while seemingly an impossible task due to their lumpy and volatile nature, is important for the policy community, both internationally and nationally.

The TNC welcomes contributions from scholars in the academic community and beyond to future issues of the journal. Guidance on the type of contributions preferred can be found in our editorial statement and guidelines for contributors
Also, UNCTAD welcomes submissions to the second edition of the UNCTAD-AIB Award. UNCTAD and the Academy of International Business (AIB) have jointly established an award for the best young academic research work on international investment and development. The award is intended for PhD students or early career researchers with no more than five years of full-time work experience. UNCTAD and AIB invite contributions that provide state-of-the-art knowledge and understanding of the activities conducted by, and the development impact of, multinational enterprises and other international investors, considering economic, institutional, social, environmental, or cultural aspects. Contributions should draw clear policy conclusions from the research findings. Submissions must be sent to [log in to unmask] by 14 May 2021. More detailed information about the award can be found here:

Best regards,

James Zhan
Director, Investment and Enterprise
Editor-in-Chief Transnational Corporation
United Nations Conference on Trade & Development
Palais des Nations, Geneva;



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