Multilateral Agreement On Investments (MAI) - A Critical Assessment From an Industrial Economics Point of View

Andreas Polk

No 201, SOI - Working Papers from Socioeconomic Institute - University of Zurich

Abstract: Though the Multilateral Agreement on Investment (MAI) has failed, the original draft is likely to serve as a basis for future negotiations. This article gives a critical assessment of the draft from an industrial economics point of view. First, I summarize the contents of the agreement which is relevant for market structure and competition. Then I develop the industrial economics approach, which serves as a basis for criticism. I conclude that a multilateral agreement on investment should (i) recognize competition concerns, (ii) give a suitable de.nition of investment, and (iii) should help to establish competition authorities in less developed countries.

Keywords: multilateral agreement on investment; multinational enterprizes; competition policy; regional competition; foreign direct investment (search for similar items in EconPapers)
JEL-codes: D43 L43 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2002-02, Revised 2002-02
References: View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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https://www.zora.uzh.ch/id/eprint/52159/1/wp0201.pdf Revised version, 2002 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:soz:wpaper:0201

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