Protecting Foreign Investment: Implication of a WTO Regime and Policy Options
Correa, Carlos M. & Kumar, Nagesh
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PRODUCT DETAILS
Book ID : 22780
ISBN-10 : 81-7188-317-6 / 8171883176
Place
of Publication :
Delhi
Year
of Publication :
2003
Edition :
Language :
CONTENTS
DESCRIPTION
Despite the mounting criticism that globalization is encountering, the developed countries continue to lose no opportunity to change the rules of the global economy in their favour, regardless of the impact on developing countries and the poor. This book examines one of the most important instances of this: the rich countries' insistence that the WTO not only launch a new round of the world trade negotiations but the rules which were supposed to be confined to trade issue now be extended by means of new agreements protecting foreign direct investment. What is being proposed would be at the expense of the freedom of developing countries to determine their own policies towards foreign capital in tune with their development policy objectives.
Protecting Foreign Investment provides invaluable information and analysis for diplomats and trade negotiators, policy makers and scholars, as well as civil society activists concerned with the impact of TNC investments on Development.