This title was first published in 2002: After the failure of the Multilateral Agreement on Investment (MAI), the world does not have a global investment agreement that would regulate FDI. A global investment agreement dealing with FDI would clearly fill a large gap in the network of regulatory measures governing the world economy. Other attempts had been made prior to the MAI to address this problem, but all have failed so far. The main reason for such failures has always been the lack of compromise in the positions held by the major stakeholders. This book analyses the pros and cons of these opposing positions and uses them as a basis for forging a hybrid model called "Regulated Openness".
Table of Contents
PART I: THE THEORY OF FOREIGN DIRECT INVESTMENT: THE LAW OF FDI 1 Introduction 2 FDI Theories and the Role of the State 3 The Current Regulatory Framework for FDI 4 Methodology PART II: STRATEGIES FOR A GLOBAL INVESTMENT AGREEMENT: THE KEY PLAYERS 5 The OECD Countries and the OECD Agenda 6 Developing Countries 7 Consumer, Labour, Environmental and Business Groups 8 International Organisations PART III: EVALUATION: TOWARDS REGULATED OPENNESS 9 Evaluation of the Strategies 10 Regulated Openness 11 Conclusion