Developing countries seek foreign direct investment (FDI) in order to promote their economic development. When concluding international investment agreements (IIAs), developing countries face a basic challenge: how to achieve the goal of creating an appropriate stable, predictable FDI policy framework, while retaining necessary freedom to pursue their national development objectives. The answer to this challenge is "flexibility", which can be defined as the ability of IIAs to be adopted to the conditions in developing countries and to the realities of the economic differences between these countries and developed countries.
|Publisher:||United Nations Publications|
|Series:||UNCTAD Series on Issues in International Investment Agreements|
|Product dimensions:||(w) x 8.27(h) x (d)|