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Does Globalization Cause a Higher Concentration of International Trade and Investment Flows?

World Trade Organization - 1998

It has sometimes been argued that "globalization" benefits only a small number of countries, and that this leads to … greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater …, marginalization is not intrinsic to globalization. Key Words: Globalization, international trade and investment flows concentration. …

Persistent link: https://www.econbiz.de/10012884304

Why are Trade Agreements more Attractive in the Presence of Foreign Direct Investment?

World Trade Organization - 1998

This paper argues that interests of nationals and owners of home-based foreign capital in the formation of a Trade Agreements (TA) are not antagonistic, except under rather particular assumptions on initial tariffs among potential members. Further, if initial tariffs are endogenously determined...

Persistent link: https://www.econbiz.de/10012884298

A Multilateral Agreement on Investment : Convincing the Sceptics

World Trade Organization - 1998

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...

Persistent link: https://www.econbiz.de/10012884308

The Impact of Transparency on Foreign Direct Investment

World Trade Organization - 2001

Non-transparency is a term given in this paper to a set of government policies that increase the risk and uncertainty faced by economic actors foreign investors. This increase in risk and uncertainty stems from the presence of bribery and corruption, unstable economic policies, weak and poorly...

Persistent link: https://www.econbiz.de/10012884056

A Simple Trade Policy Perspective on Capital Controls

World Trade Organization - 1998

This note discusses capital controls using insights from the trade policy literature. It highlights some key issues that have been neglected in the current international debate on capital controls. Capital is tradable in the same way as many goods and services are. As a result, much of the...

Persistent link: https://www.econbiz.de/10012884299