ABSTRACT

This book has examined the issues surrounding the regulation of FDI. The theories that have had major influence in past decades on the formulation of investment rules and their shortcomings and strengths were found to be neo-classical economics, dependency theory and theories of State intervention in economic development (Chapter Two). The weaknesses of the current national and international rules on FDI have been described both in terms of these theories and in terms of the limitations of their coverage analysed (Chapter Two). The strategies of the key international players for global investment rules, their contradictions, and the main issues surrounding the debate have been scrutinised (Chapters Five to Nine). And finally, an alternative model for global regulation of FDI has been proposed (Chapter Ten).