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.
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