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

Maekawa, Wakako

Journal of International Development, 2025

Number of Access:9（2025-09-03 11:38 Counts）

Identifier to cite or link to this item: https://hdl.handle.net/11094/102233

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Title
Effects of the Deployment and Departure of UN Peacekeeping Operations on Foreign Direct Investment
Creator
NRID
1000000881955 1000000881955
researchmap permalink
wmaekawa wmaekawa
Scopus Author ID
57200654648 57200654648
CreatorName
Maekawa, Wakako
Subject
economic impact of intervention
FDI
legacy of PKOs
state building
UNPKOs
Description
Maekawa W. Effects of the Deployment and Departure of UN Peacekeeping Operations on Foreign Direct Investment. Journal of International Development 37, 1127 (2025); https://doi.org/10.1002/jid.4006.
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.
Publisher
John Wiley and Sons Ltd
Source Title
Journal of International Development
Date of Issued
2025-04-29
Language
English
Handle URL
https://hdl.handle.net/11094/102233
PISSN
09541748
eISSN
10991328
Relation.isIdenticalTo
DOI (Publisher Version)
https://doi.org/10.1002/jid.4006
Access Rights
open access
CopyRight
© 2025 The Author(s). Journal of International Development published by John Wiley & Sons Ltd.
This article is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
oaire:version
Version of Record
Category
学術雑誌論文 Journal Article