Investment Implications of Selected WTO Agreements and the Proposed Multilateral Agreementon Investment
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Summary:
The substantial increase in foreign direct investment (FDI) in recent years has triggered a discussion of a uniform treatment of investment in international law. Most contributions to the multilateral investment framework derive from the World Trade Organization (WTO) agreements on trade liberalization. The resulting framework is incomplete, as the WTO agreements restrict their focus on investment to aspects related to international trade and often apply to selected sectors only. A broader investment regime is needed to provide a more neutral incentive framework for investment liberalization and to promote efficient international investment flows.
Series:
Working Paper No. 1997/060
Subject:
Balance of payments Capital account Capital flows Current account Foreign direct investment International trade Trade balance
English
Publication Date:
May 1, 1997
ISBN/ISSN:
9781451848014/1018-5941
Stock No:
WPIEA0601997
Pages:
32
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