Multilateral agreement on investments (MAI): A critical assessment from an industrial economics point of view

Arbeitspapier

Though the Multilateral Agreement on Investment (MAI) has failed, the original draft is likely to serve as a basis for future negotiations. This article gives a critical assessment of the draft from an industrial economics point of view. First, I summarize the contents of the agreement which is relevant for market structure and competition. Then I develop the industrial economics approach, which serves as a basis for criticism. I conclude that a multilateral agreement on investment should (i) recognize competition concerns, (ii) give a suitable de.nition of investment, and (iii) should help to establish competition authorities in less developed countries.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 0201

Classification and Topics

• Classification: Wirtschaft ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection ; Legal Monopolies and Regulation or Deregulation
• Subject: multilateral agreement on investment ; multinational enterprizes ; competition policy ; regional competition ; foreign direct investment ; Direktinvestition ; Internationales Abkommen ; Industrieökonomik ; Kritik ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Polk, Andreas
• Event: Veröffentlichung
• (who): University of Zurich, Socioeconomic Institute
• (where): Zurich
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/76115
• Last update: 10.03.2025, 11:43 AM CET