Putting Development First: The Importance of Policy Space in the WTO and International Financial InstitutionsKevin P. Gallagher Some of the world's most prominent development thinkers address the following question in this volume: to what extent are the rules and economic forces that govern the global economy shrinking the 'policy space' that developing countries can draw from in order to construct policies to raise the standards of living of their people? They then analyse the possibly considerable room for manoeuvre that developing countries still have at their disposal despite global macro-economic realities, IMF/World Bank policies, and the trade rules regime of the World Trade Organization. Finally, the authors suggest actual policies that could be put in place in order to preserve existing spaces for development and to expand the tools developing countries can deploy. |
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Page 159
... investors on terms decided not through renegotiation , but through compulsory international arbitration . Financial crisis in Argentina After years of being the ' poster child ' of the Washington Consensus , Argentina's economy imploded ...
... investors on terms decided not through renegotiation , but through compulsory international arbitration . Financial crisis in Argentina After years of being the ' poster child ' of the Washington Consensus , Argentina's economy imploded ...
Page 160
... Investors claim that these actions violated guarantees made in bilateral investment treaties ( BITs ) signed by Argentina . The US - Argentina BIT , signed in 1991 , guarantees American investors “ fair and equitable ” as well as ...
... Investors claim that these actions violated guarantees made in bilateral investment treaties ( BITs ) signed by Argentina . The US - Argentina BIT , signed in 1991 , guarantees American investors “ fair and equitable ” as well as ...
Page 174
... investors have circumvented contractually specified dispute resolution methods by invoking BIT provisions that permit international arbitration . Providing foreign investors with privileged access to supranational arbitral bodies can ...
... investors have circumvented contractually specified dispute resolution methods by invoking BIT provisions that permit international arbitration . Providing foreign investors with privileged access to supranational arbitral bodies can ...
Contents
Development Policies in a World of Globalization | 15 |
The Role of the State in | 33 |
Toward the Optimum Degree of Openness | 69 |
Copyright | |
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Putting Development First: The Importance of Policy Space in the WTO and ... Kevin P. Gallagher No preview available - 2005 |
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activities Amsden argued Article Asian benefits CALIFORNIA capabilities capital cent China competition costs developing countries developing world developmental disciplines Doha Doha Declaration Doha Round domestic East Asia economic development economic growth effects electricity sector enterprises environmental European Union export firms foreign investment free trade GATS global important income increase India industrial policy infant industry infrastructure innovation institutions integration intellectual property intellectual property rights interventions investment rules investors IPRs issues Japan Korea LIBRARIES manufacturing ment multilateral NAFTA NDCs negotiations neoliberal patent performance requirements policy space political production promotion protection regime restrictions Rodrik role S&DT SAN DIEGO Singapore South special and differential Stiglitz strategy subsidies sustainable development Taiwan tariff technology transfer Trade in Services TRIPS Agreement UNCTAD United UNIVERSITY Uruguay Round Washington Consensus WGTI World Bank World Trade Organization WTO Agreements