Title
The Foreign Investment Debate: Opening Markets Abroad Or Closing Markets At Home?,New
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Product DescriptionThis work should be useful reading for those concerned with the world of transnational investing and the drift in U.S. policy towards conditional national treatment and the use of foreign investors as a trade tool.From the Back CoverTraditionally, the United States has maintained an open door at home while promoting investment liberalization abroad through the negotiation of bilateral and regional treaties. This strategy has paid off by boosting productivity and economic welfare at home, while developing countries are moving at an unprecedented rate to emulate the successful opendoor policies of the United States. There is also renewed interest in a multilateral set of rules for investment. At the same time, a new generation of U.S. laws and proposed regulations challenges the very foundation of America's open door namely, the principles of national treatment and nondescrimination. This volume brings both sides of the debate together to examine the changing economic role of foreign investment, the policy trends, and the tools for reducing barriers to transnational investors. The result is a provocative and informative discussion of the strategies and tradeoffs shaping the foreign investment debate.
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