2013 Reports
The Futile Debate over a Multilateral Framework for Investment
One of the recurrent debates on international investment rule-making relates to the question whether it is possible to establish a multilateral framework for investment (MFI). Proponents argue that growing foreign direct investment (FDI) from emerging countries, especially China, contributes to a new consensus on global investment rules.
The crucial question however, should not be whether it is possible to negotiate an MFI (function follows form) but whether an MFI would be the right institutional form to align investment rule-making with sustainable development (form follows function).
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Files
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More About This Work
- Academic Units
- Vale Columbia Center on Sustainable International Investment
- Publisher
- Vale Columbia Center on Sustainable International Investment
- Series
- Columbia FDI Perspectives, 102
- Published Here
- September 23, 2013
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