During the last decade the world stock of foreign direct investment has more than doubled. Nevertheless, considerable impediments to FDI continue to exist. The following paper discusses these and offers an answer to the question as to whether multilateral rules on FDI are necessary to remove...

After years of preparatory work, the World Bank's Board of Governors has now given its assent to the Convention Establishing the Multilateral Investment Guarantee Agency (MIGA) for foreign investment in developing countries. Is such a system adequate to mobilise large amounts of additional capital?

The World Bank's proposal to establish a new international organization whose purpose would be insuring foreign direct investment (FDI) against political risk was launched at its annual meeting in Seoul in October 1985. This paper is an attempt to evaluate the proposed Multilateral Investment...

The ratification of the Treaty of Lisbon will have a number of potentially important implications for decision-making in EU external trade and investment policy. This article summarises the main changes and discusses some key implementing measures that will shape the medium to long-term impact...