The MAI Affair: A Story and its Lessons

The MAI Affair: A Story and its Lessons
Автор
 
Год
 
Страниц
 
256
ISBN
 
1862030391
Издатель
 
Edward Elgar Publishing
Категория
 
Мировая экономика

Содержание:

History and Politics, The Treatment of Capitalism by Historians, The Anticapitalist Bias of American Historians, The Treatment of Capitalism by Continental Intellectuals, The Standard of Life of the Workers in England, 1790-1830, The Factory System of the Early Nineteenth Century

Описание:

This essay tells the story of a recent failed venture in international economic cooperation-namely, the proposed Multilateral Agreement on Investment, or MAI. The MAI would have embodied a concerted set of measures to push forward the liberalization of foreign direct investment. Negotiations to prepare it were launched in 1995 by the member governments of the Organization for Economic Cooperation and Development, the OECD. These negotiations were brought to a close towards the end of 1998, and there is no prospect that they will be renewed. The MAI is now dead. This failure had not at all been expected. It resulted form a combination of internal doubts and hesitations on the part of OECD governments and strong outside opposition brought to bear by non-governmental organizations of various kinds. The MAI became politically non-viable. David Henderson outlines the course of these events, accounts for the breakdown of negotiations, examines the arguments brought to bear, weighs the...

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