For the purpose of this study, the distinction between developed and less developed countries is based on the International Monetary Fund classification.
2.
For a comprehensive study of foreign government policies which have an adverse effect on foreign investment, see The Motivation and Flow of Prıvate Foreign Investment, Investment Series, Vol. 4 (Menlo Park, California: International Development Center of Stanford Research Institute, 1961).
3.
FatourasA. A., Government Guaranties to Foreıgn Investors (Columbia University Press, 1962), pp. 29–58.
4.
WeeklyJames K., “Expropriation of U.S. Multinational Investments,”MSU Business Topıcs (Winter 1977), p. 29.
5.
Obstacles and Incentives to Foreign Investment: 1962–64, Studies in Business Policy, No. 115 (National Industrial Conference Board, 1965), p. 122.
6.
For example, see The Motıvation and Flow, op. cit., pp. 1, 2, 25, 53.
7.
RootFranklin R., “U.S. Business Abroad and the Political Risks,”MSU Business Topics (Winter 1968), pp. 78–79; WheelockKeith, “What Is the Direction of U.S. Political Risk Insurance?”Columbia Journal of World Business (Summer 1973), p. 64.
8.
See Law No. 43 of 1974 as Amended by Law No. 32 of 1977 (The Arab Republic of Egypt, 1977); and Legal Guide to Investment in Egypt (General Authority for Investment and Free Zones, 1977).
9.
“Egypt: The Political Unrest Gripping the Economy,”Business Week (19 June 1978), p. 43.
10.
World Business Weekly (1 September 1980, and 27 April 1981), pp. 27–39 and pp. 23–24, respectively.
