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Protecting Foreign Investment: Implications of a WTO Regime and Policy Options b

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9781842771839
Book Title
Protecting Foreign Investment
ISBN
9781842771839

About this product

Product Identifiers

Publisher
ZED Books, The Limited
ISBN-10
1842771833
ISBN-13
9781842771839
eBay Product ID (ePID)
2312007

Product Key Features

Number of Pages
192 Pages
Publication Name
Protecting Foreign Investment : Implications of a Wto Regime and Policy Options
Language
English
Subject
International Relations / Trade & Tariffs, Development / Economic Development, Commercial Policy, Investments & Securities / General
Publication Year
2004
Type
Textbook
Subject Area
Political Science, Business & Economics
Author
Carlos M. Correa, Nagesh Kumar
Format
Trade Paperback

Dimensions

Item Height
0.4 in
Item Weight
8.2 Oz
Item Length
8.5 in
Item Width
5.5 in

Additional Product Features

Intended Audience
College Audience
LCCN
2004-303603
Illustrated
Yes
Table Of Content
1. General Context 2. Implications for Developing Countries 3. Implementing the TRIPS Agreement in the Patents Field: Options for Developing Countries 4. Changing National Laws: The Case of Latin America and the Caribbean 5. Intellectual Property Rights and Information Technologies 6. Access to Plant Genetic Resources and Intellectual Property Rights 7. The Upcoming Review of the TRIPS Agreement 8. Options for Implementing the TRIPS Agreement in Developing Countries: Report of a Group of Experts
Synopsis
The rich industrialized countries are insisting that the World Trade Organization (WTO) not only launch a new round of world trade negotiations, but that rules restricted to trade issues now be extended to protect foreign direct investment. Developing countries would consequently be unable to protect their own business sectors and determine their own policies towards foreign capital. The authors explain the North's determination to give privileged protection to overseas investments by their transnational corporations. In particular, they focus on the WTO's General Agreement on Trade in Services (GATS) and Agreement on Trade-related Investment Measures (TRIMS). They spell out their consequences for developing countries. They examine whether there is really a case for a new multilateral framework on investment within the WTO and propose various options for developing countries in resisting what amounts to a new form of Western protectionism., The book examines a relatively underplayed aspect of the WTO, namely its present (and in future, possibly bigger) role in providing more protection for big corporations and (primarily Western and Japanese) capital., 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 world trade negotiations, but that rules which were supposed to be confined to trade issues 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.The two authors of this book have an intimate knowledge of WTO negotiating processes. They explain in detail the North's relentless determination to give privileged protection to the overseas investments of its transnational corporations. These initiatives have included, inter alia, the OECD's failed MAI initiative, the World Bank-sponsored Multilateral Investment Guarantee Agency, and the WTO's General Agreement on Trade in Services (GATS) and Agreement on Trade-related Investment Measures (TRIMS). The authors spell out their consequences for developing countries. They examine whether there is any real case for a new multilateral framework on investment within the WTO. And they propose various options for developing countries to resist what amounts to a new form of Western protectionism, including how a development dimension could be incorporated in any new agreement, should the member countries of the WTO decide to proceed with negotiations.This book 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., 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 world trade negotiations, but that rules which were supposed to be confined to trade issues 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. The two authors of this book have an intimate knowledge of WTO negotiating processes. They explain in detail the North's relentless determination to give privileged protection to the overseas investments of its transnational corporations. These initiatives have included, inter alia, the OECD's failed MAI initiative, the World Bank-sponsored Multilateral Investment Guarantee Agency, and the WTO's General Agreement on Trade in Services (GATS) and Agreement on Trade-related Investment Measures (TRIMS). The authors spell out their consequences for developing countries. They examine whether there is any real case for a new multilateral framework on investment within the WTO. And they propose various options for developing countries to resist what amounts to a new form of Western protectionism, including how a development dimension could be incorporated in any new agreement, should the member countries of the WTO decide to proceed with negotiations. This book 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.
LC Classification Number
HG4538

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