Background Paper: International Investment Rulemaking, Note by the UNCTAD Secretariat
Article from: TDM 1 (2008), in UNCTAD Expert Meeting on Development Implications of International Investment Rule Making
Summary
The evolution of international investment rules is a dynamic process, which offers new opportunities, but also poses new challenges for countries, particularly developing countries, at the beginning of the 21st century. This paper takes stock of recent trends in, and characteristics of, the existing universe of international investment agreements (IIAs), and identifies the most significant development-related challenges associated with the current investment regime. Among those are capacity constraints of developing countries and challenges related to the content of IIAs. Policy ...