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Host Country-Foreign Investor Bargaining Power and Investment Incentive Provisions in Multilateral Investment Agreements.

Abstract:

The paper is concerned with foreign investment in developing countries and the incentives offered to attract that investment in relation to the use of a possible future multilateral investment agreement as a commitment device over incentive levels. The existing literature has identified two sources of benefit from such commitment, firstly to avoid time inconsistency problems whereby incentives are less effective than otherwise because investors fear that they may be reduced onc...

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Publisher:
Department of Economics (University of Oxford)
Series:
Discussion paper series
Publication date:
2000-01-01
Language:
English
UUID:
uuid:5c300da9-b52b-41e7-aff8-2802ea62179b
Local pid:
ora:1084
Deposit date:
2011-08-16

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