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International law and the evolving legal regime of foreign direct investment: A developing country's perspective

Posted on:2001-11-29Degree:LL.MType:Thesis
University:Queen's University (Canada)Candidate:Wang, FengFull Text:PDF
GTID:2466390014457886Subject:Economics
Abstract/Summary:PDF Full Text Request
The past decade witnessed an increasingly rapid escalation towards globalization in the world economy. In spite of the tremendous growth of FDI flows and the ambitious expansion of MNEs, no single comprehensive set of multilateral rules has been reached governing the issue of FDI. Developing countries have generally resisted the adoption of a multilateral treaty protecting and encouraging FDI, while industrialized nations, on the other hand, have felt a great need for such an agreement, seeking to establish high standards of liberalization for global investment movements. An international legal framework for FDI has begun to emerge in recent times, which is actually in response to the current uncertainty of the customary international law. It includes, inter alia, national statutory regimes, and international rules and principles established at bilateral, regional and multilateral level. Two recent developments have farther brought the issue to the fore of the international community: first, the embodiment of a set of investment-related rules in the multilateral trading system, and second, the initiative of the OECD to promote an MAI. (Abstract shortened by UMI.)...
Keywords/Search Tags:International, FDI, Multilateral
PDF Full Text Request
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