Offers proposals for a new positive regulatory framework for international business aimed at reducing poverty and promoting sustainable developments.
SOL PICCIOTTO has taught law at the Universities of Dar es Salaam, Tanzania (1964-68) and Warwick, UK (1968-1992), and has been a visiting scholar at Nagoya University in Japan (1986) and the European University Institute in Florence (1991-2); he has been Professor of Law at Lancaster University since 1992. He was a founding editor of Capital & Class and Social & Legal Studies, and worked with the Coventry Workshop and TIE (Transnationals Information Exchange) giving research and advice on international business to community and trade union organizations. He specializes in international economic and business law and regulation, and his books include International Business Taxation (1992), Corporate Control and Accountability (co-edited, 1993), and International Regulatory Competition and Co-ordination (co-edited, 1996).
RUTH MAYNE is a policy advisor at Oxfam GB (1993- present). Her work involves research and advocacy on international trade, investment and employment issues, directed towards the UK government, EU, OECD and WTO. She has previously worked as a country representative in Colombia for CUSO (Canadian University Service Overseas) (1989-1993), as a socio-economist for ITDG (Intermediate Technology Group) (1987-99) , and as a program assistant at War on Want (1984-87). She has researched and written on a range of development issues including co-editing two periodicals on human rights and trade issues.
Preface
vii
Notes on Contributors
ix
List of Abbreviations
xi
Introduction: What Rules for the World Economy?
1
(28)
Sol Picciotto
Part I International Investment Protection and Liberalization
Foreign Direct Investment to Developing Countries
29
(18)
V. N. Balasubramanyam
A Brief History of Business Regulation
47
(13)
Peter Muchlinski
Defending the Legacy of Rio: the Civil Society Campaign against the MAI
60
(22)
Nick Mabey
A Critical Assessment of the MAI
82
(27)
Sol Picciotto
Part II Broadening the Agenda
Implications of the MAI for Use of Natural Resources and Land
109
(17)
Lawrence Tshuma
Improving Investor Accountability
126
(16)
Dominic Ayine
Jacob Werksman
Transfer of Technology and Competition Policy in the Context of a Possible Multilateral Investment Agreement
142
(19)
Pedro Roffe
Stabilizing Capital Flows to Developing Countries: the Role of Regulation
161
(22)
Stephany Griffith-Jones
Jenny Kimmis
Labour Regulation in Internationalized Markets
183
(22)
Bob Hepple
Part III The Interaction of Formal and Informal Regulation
Corporate Codes of Conduct: the Privatized Application of Labour Standards
205
(16)
Neil Kearney
The Role of Voluntary Codes of Conduct and Regulation - a Retailer's View*
221
(14)
Petrina Fridd
Jessica Sainsbury
Regulating TNCs: the Role of Voluntary and Governmental Approaches
235
(22)
Ruth Mayne
Part IV The Politics of Accountability
NGOs, Global Civil Society and Global Economic Regulation
257
(16)
Robert O' Brien
Index
273
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