Assessing the Case for Extending WTO Disciplines on Investment-Related Policies
AbstractIn this paper we evaluate the potential benefits of international disciplines on policies towards foreign direct investment, paying particular attention to developing countries. We conclude that, at present, the case for initiating negotiations on investment policies is weak. Negotiations that center on improving market access on a nondiscriminatory basis, especially in services, are likely to be more fruitful: although imperfect, existing multilateral instruments such as the General Agreement on Trade in Services, are far from fully exploited and provide significant opportunities for governments to improve market access.
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Bibliographic InfoArticle provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.
Volume (Year): 15 (2000)
Issue (Month): ()
Foreign Direct Investment; Wto; Multilateral Trade Negotiations;
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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