Tabla de Contenidos:
  • Dog That Did Not Bark 1
  • FDI and Its Benefits 3
  • MAI Negotiations Falter 7
  • Negotiations Fail 10
  • An Economic Autopsy of the MAI 12
  • 2 MAI and the Politics of Failure: Who Killed the Dog? 15
  • MAI Is Conceived 20
  • Deep Internal Difficulties Emerge 25
  • NGOs Enter the Stage 35
  • Cavalry That Did Not Arrive 49
  • 3 Dissecting the MAI 51
  • Structure of the MAI 54
  • Goals, Scope, and Applications 55
  • Obligations of Host Countries 57
  • Dispute Settlement Procedures 74
  • Exceptions, Safeguards, and Reservations 78
  • Mouse That Might Have Roared? 80
  • 4 Globalization, Foreign Direct Investment, and Labor 81
  • Direct Investment and Wages in Developing Countries 84
  • Globalization and the Sweatshop Issue 99
  • US Direct Investment Abroad and Employment in the United States 106
  • Does Globalization Reduce Workers' Bargaining Power? 125
  • 5 Globalization, Foreign Direct Investment, and the Environment 131
  • Environmental Impact of Globalization and Growth 134
  • Foreign Investment: Can It Be Made Part of the Solution to the Environmental Problem? 148
  • Toward Global Rules That Are Environmentally Friendly 158
  • 6 MAI and the Developing Countries 165
  • Changing Position of Developing Countries on Foreign Direct Investment 167
  • Changing Attitudes Toward Multilateral Rule Making 173
  • Developing Countries and the Provisions of the MAI 175
  • Is There a Deal Breaker? 183
  • Is Any Negotiation on Investment Between Developing and Developed Countries Doomed to Failure? 184
  • 7 Where Does the Multilateral Investment Agenda Go From Here? 185
  • Arguments For and Against Multilateral Investment Rules 186
  • Is There a Constituency for Multilateral Investment Rules? 190
  • A Comprehensive WTO Investment Agreement: A Bridge Too Far? 198
  • Appendix A Productivity and Wage Determination 201
  • Appendix B Is Foreign Direct Investment a Complement to Trade? 207
  • Table 4.1 Annual Compensation per worker by foreign affiliates and parent companies of US multinational corporations, by industry, 1996 92
  • Table 4.2 Average compensation paid by foreign affiliates and average domestic manufacturing wage, by host-country income, 1994 94
  • Table 4.3 US direct investment position abroad by host-country income, 1997 107
  • Table 4.4 Countries in the sample by income category in 1985 and 1995 108
  • Table 4.5 Net fixed assets of foreign manufacturing affiliates of US multinational corporations and of US manufacturing firms, by host-country income, 1996 114
  • Table 4.6 US FDI and US unemployment 116
  • Table 4.7 Trade in goods among foreign affiliates, their US parents, and unaffiliated firms by host-country income, 1995 118
  • Table 4.8 Coefficients indicating relationship between US exports or imports of manufactured goods and US direct investment abroad 120
  • Table B.1 FDI-related activities and trade 212
  • Figure 4.1 Outflows of US foreign direct investment by host-country income (1995 income categories) 109
  • Figure 4.2 Shares of US foreign direct investment outflows by host-country income (1995 income categories) 109
  • Figure 4.3 Outflows of US foreign direct investment by host-country income (1985 income categories) 110
  • Figure 4.4 Shares of US foreign direct investment by host-country income (1985 income categories) 110
  • Figure 4.5 Outflows of US equity capital by hot-country income (1995 income categories) 111
  • Figure 4.6 Shares of US equity capital outflows by host-country income (1995 income categories) 112
  • Figure 4.7 Outflows of US equity by host-country income (1985 income categories) 112
  • Figure 4.8 Shares of US equity capital outflows by host-country income (1985 income categories) 113
  • Figure 5.1 Income and pollution 138
  • Figure 5.2 Optimum level of pollution control 151.