Modern day. --- Indeed this still happens and among others still is the most favoured tool for attracting FDIs and maintaining investors in the host state. I find some states though or corporate bodies or citizens thereof abusing this favourable treatment or encouragement to investment by taking all proceeds of their investments, sometimes even leaving the host state without a give back to the society kinda initiative claiming bankruptcy. Chinese investors in Africa are very good examples of companies or investors who abuse repatriation concept.

Source author: Malefetsane Dominic Mosala mosalalaw@gmail.com