By: Carlos M Correa and Nagesh Kumar
178 pages, no illustrations
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.
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