The demand of industrialized countries for a multilateral agreement on investment to be negotiated under the roof of … foreign direct investment (FDI) in developing countries. By contrast, the opponents consider such an agreement to be biased in … the case for a multilateral agreement on investment is not compelling: Investment regulations have been liberalized …

We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … depends on the BRICs’ local capacity to absorb superior technologies and on domestic investment. …