Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/76115 
Authors: 
Year of Publication: 
2002
Series/Report no.: 
Working Paper No. 0201
Publisher: 
University of Zurich, Socioeconomic Institute, Zurich
Abstract: 
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.
Subjects: 
multilateral agreement on investment
multinational enterprizes
competition policy
regional competition
foreign direct investment
JEL: 
D43
L43
Document Type: 
Working Paper

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