IDEAS home Printed from
   My bibliography  Save this article

A multilateral Framework on Investment: Attempts, Outcomes and Proposal


  • Elvira Sapienza


A Multilateral Framework on Investment: Attempts, Outcomes and Proposals - So far the efforts to develop a multilateral regime have failed because of a divergence in approaches between developed and developing countries. States have made efforts to create rules through bargaining and negotiating within international economic institutions that they see as instruments through which pursuing their specific economic interests. These rules, in turn, will shape state behaviour. The key question, especially for developing countries, is whether such sets of rules reflect an existing distribution of economic power or whether these rules can transform power based relationships. This paper examines the complexity of the issues involved in the creation of a comprehensive framework for investment going through the different attempts, the results obtained and analysing the different positions in order to discuss the need of creating such a framework, its form and the best forum.

Suggested Citation

  • Elvira Sapienza, 2009. "A multilateral Framework on Investment: Attempts, Outcomes and Proposal," STUDI ECONOMICI, FrancoAngeli Editore, vol. 0(98), pages 59-88.
  • Handle: RePEc:fan:steste:v:html10.3280/ste2009-098003

    Download full text from publisher

    File URL:
    Download Restriction: Single articles can be downloaded buying download credits, for info:

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F15 - International Economics - - Trade - - - Economic Integration


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fan:steste:v:html10.3280/ste2009-098003. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angelo Ventriglia). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.