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Contribution Details
| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | Multilateral Agreement On Investments (MAI) - A Critical Assessment From an Industrial Economics Point of View |
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| Institution | University of Zurich |
| Series Name | Working paper series / Socioeconomic Institute |
| Number | No. 201 |
| Date | 2002 |
| Abstract Text | 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. |
| Official URL | http://www.econ.uzh.ch/wp.html |
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