Investment Implications of Selected WTO Agreements and the Proposed Multilateral Agreement on Investment

32 Pages Posted: 15 Feb 2006

See all articles by Matthias Vocke

Matthias Vocke

International Monetary Fund (IMF)

Date Written: May 1997

Abstract

The substantial increase in foreign direct investment (FDI) in recent years has triggered a discussion of a uniform treatment of investment in international law. Most contributions to the multilateral investment framework derive from the World Trade Organization (WTO) agreements on trade liberalization. The resulting framework is incomplete, as the WTO agreements restrict their focus on investment to aspects related to international trade and often apply to selected sectors only. A broader investment regime is needed to provide a more neutral incentive framework for investment liberalization and to promote efficient international investment flows.

JEL Classification: F21, F33, F42, O19

Suggested Citation

Vocke, Matthias, Investment Implications of Selected WTO Agreements and the Proposed Multilateral Agreement on Investment (May 1997). IMF Working Paper No. 97/60, Available at SSRN: https://ssrn.com/abstract=882327

Matthias Vocke (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

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