Multilateral disciplines for investment-related policies

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Multilateral disciplines for investment-related policies, Volume 1

Author:	Hoekman, Bernard; Saggi, Kamal;	Collection Title:	Policy, Research working paper ; no. WPS 2138
Date Stored:	2001/04/25	Document Date:	1999/06/30
Document Type:	Policy Research Working Paper	Language:	English
Major Sector:	(Historic)Economic Policy	Report Number:	WPS2138
Sub Sectors:	Trade	SubTopics:	Environmental Economics & Policies; Economic Theory & Research; Free Trade; Labor Policies; Health Economics & Finance; Trade and Regional Integration; Decentralization
Volume No:	1

Summary: The authors evaluate the potential benefits of international disciplines on policies toward foreign direct investment for developing countries. They conclude that the case for initiating negotiations on investment policies is weak at present. Negotiating efforts that center on further liberalizing market access on a non-discriminatory basis - especially for services - are likely to be more fruitful in terms of economic welfare and growth. Existing multilateral instruments, although imperfect, are far from fully exploited and provide significant opportunities for governments opening further access to markets. The authors conclude that priority should be given to expanding coverage of the General Agreement on Trade in Services (GATS) before seeking to negotiate general disciplines on investment policies.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 34 pages	Official version*	2.38 (approx.)
	Text	Text version**


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File Type		Description	File Size (mb)

	PDF 31 pages	WPS2138	0.07

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