How regions can manage foreign direct investment in a turbulent world

Amid a succession of global crises, governments are increasingly reluctant to allow foreign takeovers of their businesses. They prefer that foreign companies build new facilities from scratch, something known as greenfield investments. Vito Amendolagine, Riccardo Crescenzi and Roberta Rabellotti write that for governments, the trick lies in creating a welcoming environment for investment while safeguarding against potential risks to national and regional interests.