Management of capital inflows has unexpectedly become a major challenge in transition economies. These countries were expected to have an insatiable demand for foreign capital, and an excess demand for capital inflows was, therefore, predicted by most observers. Foreign investors are also known...

Much has been recently written about the Multilateral Agreement on Investment (MAI) that has been negotiated by OECD countries. Perhaps even more has been said by the critics of those who would like to see an agreement of this kind extended among other countries. There has indeed been a great...

Are changes in services markets provoking reform, restrictions, or inertia? To address this question, we draw upon a new World Bank-WTO Services Trade Policy Database (STPD) to analyse the services trade policies of 68 economies in 23 subsectors across five broad areas—financial services,...

Introduction and overview / Patrick Low, Chiedu Osakwe and Maika Oshikawa -- African Union priorities in the WTO / Fatima Haram Acyl -- Economic diversification in Africa's number one economy / Okechukwu E. Enelamah -- Trade, investment and development / Rob Davies -- Integration into regional...