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Journal of Economic Integration 2000 December;15(4) :630-653.
DOI: https://doi.org/10.11130/jei.2000.15.4.630
Assessing the Case for Extending WTO Disciplines on Investment-Related Policies
Bernard Hoekman and 
Kamal Saggi 
World Bank
Southern Methodist University
Copyright ©2000 Journal of Economic Integration
ABSTRACT
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.
Keywords: Foreign Direct Investment | Wto | Multilateral Trade Negotiations
 
REFERENCE
1. Francois, J. (1999), "Maximizing the Benefits of the Trade Policy Review Mechanism for Developing Countries," mimeo (www.worldbank.org/trade).
2. Glass, A. J., and Saggi, K. (1999a), "FDI Policies under Shared Factor Markets," Journal of International Economics 47(2), 1015-1038.
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