Regional Trade Agreements and Foreign Direct Investment

Regional Trade Agreements and Foreign Direct Investment PDF Author: Brian Hicks
Publisher: VDM Publishing
ISBN: 9783836435512
Category : Political Science
Languages : en
Pages : 86

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Book Description
Do variations in institutional design influence the inward flows of foreign direct investment (FDI)? The application of distinctions in the creation of organizations to FDI has been limited. Variations in RTA economic scope and independence gives foreign investors comparable signals as to the extent to which developing governments will apply liberal economic reforms as well as the ability of external agencies to enforce these reforms and protect investments. Conversely, stringent and strongly independent RTAs may actually prove to be inhibiting to foreign investment in developed countries by restricting the previously successful economic actions. I apply a data set of FDI inflows for both developing and developed nations from 1970 to 2003. Controlling for alternative explanations and concerns of endogeneity, I find that elevated levels of both RTA economic scope and independence produce superior inflows of FDI into developing nations, while more independent RTAs actually reduce inward FDI movement into developed nations. This book is addressed to professionals in political science and toward research in the sub-fields of international organization.

Regional Trade Agreements and Foreign Direct Investment

Regional Trade Agreements and Foreign Direct Investment PDF Author: Brian Hicks
Publisher: VDM Publishing
ISBN: 9783836435512
Category : Political Science
Languages : en
Pages : 86

Get Book Here

Book Description
Do variations in institutional design influence the inward flows of foreign direct investment (FDI)? The application of distinctions in the creation of organizations to FDI has been limited. Variations in RTA economic scope and independence gives foreign investors comparable signals as to the extent to which developing governments will apply liberal economic reforms as well as the ability of external agencies to enforce these reforms and protect investments. Conversely, stringent and strongly independent RTAs may actually prove to be inhibiting to foreign investment in developed countries by restricting the previously successful economic actions. I apply a data set of FDI inflows for both developing and developed nations from 1970 to 2003. Controlling for alternative explanations and concerns of endogeneity, I find that elevated levels of both RTA economic scope and independence produce superior inflows of FDI into developing nations, while more independent RTAs actually reduce inward FDI movement into developed nations. This book is addressed to professionals in political science and toward research in the sub-fields of international organization.

Foreign Direct Investment and Regional Trade Agreements

Foreign Direct Investment and Regional Trade Agreements PDF Author: Ms.Florence Jaumotte
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451874631
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
The paper investigates whether the market size of a regional trade agreement (RTA) is a determinant of foreign direct investment (FDI) received by countries participating in the RTA. This hypothesis is tested on a sample of 71 developing countries during the period 1980-99. Evidence is found that the RTA market size had a positive impact on the FDI received by member countries, even more so in the 1990s when such agreements were revived and became more widespread. The size of domestic population also seemed to matter, possibly because of its effect on the availability of the labor supply. It appears, however, that not all countries in the RTA benefited to the same extent from the RTA: countries with a relatively more educated labor force and/or a relatively more stable financial situation tended to attract a larger share of FDI at the expense of their RTA partners. This evidence suggests it is essential for all RTA countries to improve their business environment to the best available in the region. Finally, a partial negative correlation between the FDI received by RTA countries and that received by non-RTA countries possibly reflects a diversion of FDI from non-RTA to RTA countries. As an illustration, FDI benefits are simulated from the creation of a regional trade agreement between Algeria, Morocco, and Tunisia.

The Impact of Regional Trade Agreements on Foreign Direct Investment

The Impact of Regional Trade Agreements on Foreign Direct Investment PDF Author: Isabelle Racine (économiste.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 53

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Book Description


Regional Trade Agreements and Foreign Direct Investment

Regional Trade Agreements and Foreign Direct Investment PDF Author: Laura Páez
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper discusses the possible impact of RTAs on FDI and trade flows in the Americas. First, it briefly looks at selected RTAs with investment protection, namely the North American Free Trade Agreement (NAFTA), the Group of Three (G-3) and the Andean Community of Nations (ACN). It then analyses the effect of RTA membership on FDI flows in the Andean subregion by constructing, running and testing a gravity model with data for the period 1992-2001. The evidence suggests that RTAs in the region foster trade and divert FDI in the ACN despite investment protection. The study finalizes by considering the implications of the Free Trade Area of the Americas (FTAA), a hemispheric RTA with investment protection, on FDI flows.

The World Trade Organization

The World Trade Organization PDF Author: International Trade Law Center
Publisher: Springer Science & Business Media
ISBN: 0387226885
Category : Law
Languages : en
Pages : 3142

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Book Description
The editors have succeeded in bringing together an excellent mix of leading scholars and practitioners. No book on the WTO has had this wide a scope before or covered the legal framework, economic and political issues, current and would-be countries and a outlook to the future like these three volumes do. 3000 pages, 80 chapters in 3 volumes cover a very interdiscplinary field that touches upon law, economics and politics.

Investment-related Trade Measures

Investment-related Trade Measures PDF Author: United Nations Conference on Trade and Development
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 72

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Book Description
This paper is part of the "UNCTAD Series on issues in international investment agreements". It provides balanced analysis of issues that may arise in discussions about international investment agreements.

Globalisation, FDI, Regional Integration and Sustainable Development

Globalisation, FDI, Regional Integration and Sustainable Development PDF Author: Anthony Bende-Nabende
Publisher: Routledge
ISBN: 1351783912
Category : Political Science
Languages : en
Pages : 336

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Book Description
This title was first published in 2002: Anthony Bende-Nabende focuses on the ongoing globalization process, which has sparked an unprecedented world-wide debate. He provides a one-stop centre for a balanced coverage of the theoretical, empirical and policy issues linking globalization with foreign direct investment, regional economic integration, and economic growth and sustainable development. This stimulating book comprehensively explores the theoretical and empirical literature inter-linking the aforementioned factors from the anti-globalization activists’ viewpoint, and from the pro-globalization proponents’ perspective. It proposes policies that individual countries should pursue, based on the recognition that globalization generates both positive and negative effects. These comprise policies required to maximise the economic benefits globalization may generate, and those that aim to eliminate or at least minimize the negative development-oriented effects globalization may engender and, hence, to propel sustainable development. The book will be an essential guide for students, academics and those involved in international economics, environmental studies, international relations, and growth and development studies.

Getting the Most Out of Free Trade Agreements in Central America

Getting the Most Out of Free Trade Agreements in Central America PDF Author: J. Humberto Lopez
Publisher: World Bank Publications
ISBN: 082138712X
Category : Business & Economics
Languages : en
Pages : 461

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Book Description
The main message of the study is that Central America's ability to exploit the opportunities created by ongoing trade liberalization will depend on the ability of the region to implement a complementary policy agenda that creates an enabling policy and institutional environment.

Mega-Regional Trade Agreements

Mega-Regional Trade Agreements PDF Author: Thilo Rensmann
Publisher: Springer
ISBN: 3319566636
Category : Law
Languages : en
Pages : 377

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Book Description
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.

Regional Integration and Foreign Direct Investment

Regional Integration and Foreign Direct Investment PDF Author: Centre for Economic Policy Research (Great Britain)
Publisher: World Bank Publications
ISBN:
Category : Direkte investeringer
Languages : en
Pages : 54

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Book Description