Biglaiser and DeRouen (2006)1 have provided a thorough examination of the effects of different types of economic reforms on flows of foreign direct investment (FDI). Their main finding—that economic reforms were generally unsuccessful in generating inflows of FDI during the time series—will undoubtedly generate further discussion about neoliberalism in Latin America. Although the authors' focus is on economic reform, they also devote considerable attention to the significance of “good governance” variables, including the effects of political regime type. Biglaiser and DeRouen's (2006) paper adds to a growing number of studies that have produced conflicting findings regarding the effects of regime type and/or rights and liberties on FDI.2 Given the conflicting results in the literature, and the policy significance of the issue, a brief commentary on the question of regime type, rights, and FDI in Latin America (and in other developing areas) is warranted.