Protecting Foreign Investment

Protecting Foreign Investment

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Rich industrialized countries are insisting that the World Trade Organization launches a new round of world trade negotiations and that rules restricted to trade issues be extended to protect foreign direct investment. This is an exploration of WTO proposals from the developing country viewpoint.... of manufacturing over the 1982-94 period found LCRs to be favouring the extent of localization of MNE affiliatesa#39; production in the host countries (see Kumar 2000, 2002). ... content rule on Mitsubishi Pajero, the UK 75 per cent on Toyota Camry and the UK 90 per cent on Nissan Primera (Sercovich 1998). Australia imposed 85 per cent local content rule on motor vehicles until 1989 ( Pursell 1999).

Title:Protecting Foreign Investment
Author:Carlos María Correa, Nagesh Kumar
Publisher:Academic Foundation - 2003-01-01


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