Screening Foreign Direct Investment: As important as it is challenging
Globalization has long been deemed a panacea for ensuring peace and prosperity for all. Increased weaponization of economic relations in recent years has however incentivized states to gain control over inward investment. As a result, actors have expanded or established investment screening procedures in a constant balancing act between ensuring national security and safeguarding open investment. The United States and the European Union are leading in this regard, while Sweden is yet to establish such a mechanism.