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Cross-country panel data are used to assess the effect of free-trade agreements on flows of Foreign Direct Investment (FDI). Free-trade agreements are found to have a significant positive effect on FDI flows, and free-trade agreements are found to matter more for the smaller members of the...
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The discussion in this paper elaborates a tiered set of reforms designed to (1) protect foreign investment, while (2) affording appropriate policy space for governments to develop and regulate their economies in a sustainable manner and (3) ensuring equitable governance of investment disputes...
Persistent link: https://www.econbiz.de/10013137478
Certain countries have considered to condition for reciprocity the foreign investment released to the countries from where the foreign investment came from. Such situation might be discriminatory and violates international law. While it is true, the countries may restrict foreign investment....
Persistent link: https://www.econbiz.de/10013118199
This article discusses the development and main contributions of NAFTA to international investment law in the last fifteen years. After analyzing the context of the negotiations, the article examines the contributions of NAFTA to the substantive law applicable to foreign investors. The paper...
Persistent link: https://www.econbiz.de/10013124128
The North American Free Trade Agreement (‘NAFTA' or ‘the Agreement'), ratified in 1994, is the first free trade agreement to openly incorporate environmental provisions. Its ratification engendered a sustained debate on the effects of trade on environmental degradation that has hardly abated...
Persistent link: https://www.econbiz.de/10013109219
The EU is about to conclude an FTA with Canada (CETA) which includes an investment chapter. A similar free trade agreement (FTA) will soon be concluded by the EU with Singapore and India. Moreover, the EU has obtained a negotiation mandate to conclude an FTA with Japan; very soon FTA with the US...
Persistent link: https://www.econbiz.de/10013084194
Building on the negotiation of U.S. bilateral investment treaties beginning in the early 1980s, U.S. free trade agreements incorporating specific host-state obligations to foreign investors and binding investor-state dispute settlement (ISDS) have been a feature of U.S. trade and investment...
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