This chapter looks at the trends in the regulation of outward foreign direct investment (FDI) from Brazil, Russia, India, and China (BRIC countries). The rapid rise of multinational enterprises (MNEs) from developing countries has been examined throughout this book. The BRIC countries' engagement in outward FDI seems to follow a standardised pattern. The enhanced ability of firms from BRIC countries to compete with international firms had led to ani increase in outward FDI. The increase in FDI from the BRICs reveals a developing consensus between the traditional capital exporting and capital importing countries. The MAIS represents an instrument of FDI liberalisation. The proposed MAIS treaty captivates the spirit of socially conscious investment while remaining true to the principles of liberalisation that underpinned bilateral investment treaties (BITs) as well as the General Agreement on Trade in Services (GATS).
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.