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Globalization and FDI policies

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Globalization and FDI policies
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    UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT THE DEVELOPMENT DIMENSION OF FDI:POLICY AND RULE-MAKING PERSPECTIVESProceedings of the Expert Meeting held in Genevafrom 6 to 8 November 2002UNITED NATIONSNew York and   Geneva, 2003   UNCTAD/ITE/IIA/2003/4    ii NOTE The opinions expressed in this publication are those of theauthors and do not necessarily reflect the views of the UnitedNations.The designations employed and the presentation of the materialin this publication do not imply the expression of any opinionwhatsoever on the part of the Secretariat of the United Nationsconcerning the legal status of any country, territory, city or area,or of its authorities, or concerning the delimitation of itsfrontiers or boundaries.All data are provided without warranty of any kind and theUnited Nations does not make any representation or warranty asto their accuracy, timeliness, completeness or fitness for anyparticular purposes. Copyright © United Nations, 2003All rights reservedManufactured in Switzerland   UNITED NATIONS PUBLICATION   Sales No. E.03.II.D.22ISBN 92-1-112596-0 UNCTAD/ITE/IIA/2003/4    iii Acknowledgements This publication was edited by Americo BevigliaZampetti and Torbjörn Fredriksson under the supervision of Anh-Nga Tran-Nguyen. Desktop publishing was done by LyndaPiscopo and Teresita Sabico.The Secretariat is grateful to the authors of the articlesincluded in this volume, which were presented at the ExpertMeeting on: “The development dimension of FDI: policies toenhance the role of FDI in support of the competitiveness of theenterprise sector and the economic performance of hosteconomies, taking into account the trade/investment interface, inthe national and international context”, held in Geneva from 6 to8 November 2002. The views and opinions expressed are thoseof the authors and not of the United Nations.    v Contents Acknowledgements......................................................................iii Preface........................................................................................vii Anoverview of the issues  UNCTAD   Secretariat  ....................................................................1  Part I Host country policy measures Globalizationand FDI policies   Ari Kokko ....................................................................................29 Host country policies on FDI with particular reference to developingcountries: A Brief Commentary Kwasi Abeasi .............................................................................41 The effectiveness of host country policy measures in attracting FDI:The case of Hungary  Magdolna Sass ...........................................................................49 Use and effectiveness of performance requirements: What can belearnt from the experiences of developed and developing countries?  Nagesh Kumar  ............................................................................59 Host country FDI policies and development objectives Vudayagiri Balasubramanyam ...................................................79 The use and impact of performance requirements in the developedcountries  A. Edward Safarian ....................................................................91  Part II Home country policy measures Enhancing the development dimension of home country measures  John M. Kline ...........................................................................101   The Development Dimension of FDI: Policy and Rule-Making Perspectives vi Home country measures: Some food for thought Percy S. Mistry .........................................................................115 FDI in ACP in EU development cooperation: From Lomé toCotonou Sanoussi Bilaland Dirk Willem te Velde .................................129Policies to promote the development dimension of FDI Gunnela Becker  ........................................................................141  Part III Corporate social responsibility Corporate social responsibility for international business Sol Picciotto .............................................................................151 Corporate social responsibility and FDI  Daniel Graymore ......................................................................173  Part IV The right to regulate FDI and the right to regulate: Lessons from trade law  Joel P. Trachtman ....................................................................189 Right to regulate and safeguards  M. Sornarajah ..........................................................................205 The right of States to regulate and international investment law:A comment  Howard Mann ..........................................................................211 Domestic regulation and the GATS Pierre Sauvé  .............................................................................225 *****Summary of the Expert Meeting ...............................................233 Contributors..............................................................................243
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