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The Multilateral Investment System and Multinational Enterprises$
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Thomas L. Brewer and Stephen Young

Print publication date: 1998

Print ISBN-13: 9780198293156

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198293156.001.0001

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(p.1) Introduction
The Multilateral Investment System and Multinational Enterprises

Thomas L. Brewer

Stephen Young

Oxford University Press

The multinational enterprise (MNE) has been one of the foremost economic, political, and social influences in the world economy for many decades. In response to its growth, important developments in the international regime for investment took place, especially foreign direct investment (FDI). These include the creation of the World Trade Organization (WTO) and the subsequent negotiations of additional agreements with provisions concerning FDI. This book provides an assessment of international investment policies since the 1940s. It analyses current policy problems and identifies major policy dilemmas for the future. Aside from investment issues, it also reflects on the pervasive nature of the MNE by analysing questions of trade and technology, competition, and economic development.

Keywords:   multinational enterprise, foreign direct investment, World Trade Organization, international investment policies, investment, trade, technology, competition, economic development

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