Academic Commons

Reports

The Futile Debate over a Multilateral Framework for Investment

Berger, Axel

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).

Files

  • thumnail for No_102_-_Berger_-_FINAL_0.pdf No_102_-_Berger_-_FINAL_0.pdf application/pdf 78.7 KB Download File

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

Notes

A Chinese version of this paper is available at http://hdl.handle.net/10022/AC:P:21806.

Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.