Protecting Foreign Investment Implications of a WTO Regime and Policy Options

About this book

Explains in detail the North's relentless determination to give overseas investments by their transnational corporations privileged protection. In particular, the authors focus on the WTO's General Agreement on Trade in Services (GATS) and Agreement on Trade-related Investment Measures (TRIMS). They spell out their consequences for developing countries and examine whether there is really a case for a new multilateral framework on investment within the WTO. And they propose various options for developing countries in resisting what amounts to a new form of Western protectionism.

Contents

1. Introduction PART 1: FOREIGN DIRECT INVESTMENT: DEVELOPMENT AND THE NATIONAL AND INTERNATIONAL POLICY FRAMEWORK 2. Foreign Direct Investment, Host Government Policy and Development 3. Multilateral Agreements on Investments: A Historical Background PART 2: THE AGREEMENT ON TRADE-RELATED INVESTMENT MEASURES (TRIMS) AND DEVELOPING COUNTRIES 4: The Agreement on Trade-Related Investment Measures 5: Implications of TRIMs Agreement for Developing Countries and the Way Forward PART 3: MULTILATERAL FRAMEWORKS ON INVESTMENT: EARLY ATTEMPTS AND RELEVANCE 6: Attempts to Evolve a Multilateral Treaty on Investment: OECD's MAI 7: A Multilateral Framework on Investment in WTO: Is there a Case for it? PART 4: OPTIONS FOR DEVELOPING COUNTRIES 8: From Doha to Cancun: Options for Developing Countries

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Biography

Professor CARLOS M CORREA is at the University of Buenos Aires. A lawyer and an economist, he specialises in technology and intellectual property rights. His books include Intellectual Property Rights, the WTO and Developing Countries (Zed Books/Third World Network, 2000). Professor NAGESH KUMAR is at the Research and Information System for Developing Countries, New Delhi.