By Sol Picciotto
ISBN-10: 0312225873
ISBN-13: 9780312225872
ISBN-10: 033377678X
ISBN-13: 9780333776780
ISBN-10: 134927738X
ISBN-13: 9781349277384
This well timed booklet issues the way in which in the direction of a brand new optimistic regulatory framework for foreign funding following the failure of the Multilateral contract on funding (MAI). It examines the issues in free-market suggestions underpinning the hot section of globalization, particularly drawing out the teachings from the MAI, which used to be suspended in October 1998. The authors discover another according to a good regulatory framework for overseas enterprise aimed toward maximizing the confident contribution to improvement of international funding and minimizing its damaging social and environmental affects. The individuals contain lecturers, researchers for non-governmental enterprises, and enterprise and trade-union representatives, writing from a mixture of financial, felony and political views. The ebook combines educational research with grass-roots and useful event, and indicates concrete coverage proposals.
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Example text
Garapon, A. (1995) 'French Legal Culture and the Shock of Globalization', Social and Legal Studies, vol. 4, 493-506. G7 (Group of 7) (1998) Strengthening the Architecture of the Global Financial System. Report of the G7 Finance Ministers to G7 Heads of State or Government for their Meeting in Birmingham, May 1998. Department of Foreign and Commonwealth Affairs, London. IMF (1998) International Capital Markets. Development, Prospects, and Key Policy Issues. International Monetary Fund, Washington DC.
Bratton, J. McCahery, S. Picciotto and C. Scott (eds) International Regulatory Competition and Co-ordination. Clarendon Press, Oxford. Porter, T. ', International Journal, vol. LI, 669-89. Tshuma, Lawrence (1999) 'The Political Economy of the World Bank's Legal Framework for Development', Social and Legal Studies, vol. 8. , Kaul, I. and Grunberg, I. (eds) (1996) The Tobin Tax: Coping with Financial Volatility. Oxford University Press, Oxford. Wade, Robert and Veneroso, Frank (1998) 'The Gathering World Slump and the Battle over Capital Controls', New Left Review, no.
These and other issues have been the focus of much debate and discussion. Indeed, there may be no other area of economic inquiry where so much has been written and yet we know so little. This chapter aims to review what little we know about the relationship between FDI and development, to provide a background for the discussion on the MAl in later chapters. It is not intended to be a complete survey of the vast literature on FDI in developing countries, but a commentary on basic propositions which emerge from it.