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Assessing the Case for Extending WTO Disciplines on Investment-Related Policies
( Bernard Hoekman ),( Kamal Saggi ) 세종대학교 경제통합연구소 (구 세종대학교 국제경제연구소) 2000 Journal of Economic Integration Vol.15 No.4
In this paper we evaluate the potential benefits of international disciplines on policies towards foreign direct investment, paying particular attention to developing countries. We conclude that, at present, the case for initiating negotiations on investment policies is weak. Negotiations that center on improving market access on a nondiscriminatory basis, especially in services, are likely to be more fruitful: although imperfect, existing multilateral instruments such as the General Agreement on Trade in Services, are far from fully exploited and provide significant opportunities for governments to improve market access.
Assessing the Case for Extending WTO Disciplines on Investment-Related Policies
Hoekman, Bernard,Saggi, Kamal 세종대학교 국제경제연구소 2000 Journal of Economic Integration Vol.15 No.4
In this paper we evaluate the potential benefits of international disciplines on policies toward foreign direct investment, paying particular attention to developing countries. We conclude that, at present, the case for initiating negotiations on investment policies is weak. Negotiations that center on improving market access on a nondiscriminatory basis, especially in services, are likely to be more fruitful: although imperfect, existing multilateral instruments such as the General Agreement on Trade in Services, are far from fully exploited and provide significant opportunities for governments to improve market access.