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BIT by BIT: Building a Foreign Investment Regime for the Americas |
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Abstract:
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This paper examines the consequences of the breakdown of talks on the Free Trade Area of the Americas (FTAA) and the generalized shift from multilateralism to bilateralism in the Americas for the region’s emerging foreign investment regime. The paper argues that multilateral processes have historically benefited Latin American countries when their interests have diverged from those of the US. In terms of investment, the foreign investment regime advanced by the United States (in bilateral investment treaties) differs significantly from that advanced by sub-regional powers such as Argentina, Brazil and Mexico, particularly regarding investment rules on national treatment and performance requirements. This suggests that, in the absence of multilateral negotiations, US norms on investment and development will progressively define the emerging hemispheric investment regime. |
Most Common Document Word Stems:
invest (142), bit (90), develop (82), us (74), countri (63), agreement (52), treati (45), state (45), america (44), flexibl (40), intern (38), bilater (38), unit (35), unctad (34), multilater (34), foreign (32), american (32), latin (31), negoti (31), nation (29), sign (26), |
Author's Keywords:
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bilateral investment treaties, United States, Latin America, investment policy, economic development, multilateralism |
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Association:
Name: International Studies Association URL: http://www.isanet.org
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Citation:
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MLA Citation:
| Haslam, Paul. "BIT by BIT: Building a Foreign Investment Regime for the Americas" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005 <Not Available>. 2009-05-26 <http://www.allacademic.com/meta/p70443_index.html> |
APA Citation:
| Haslam, P. A. , 2005-03-05 "BIT by BIT: Building a Foreign Investment Regime for the Americas" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii Online <.PDF>. 2009-05-26 from http://www.allacademic.com/meta/p70443_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: This paper examines the consequences of the breakdown of talks on the Free Trade Area of the Americas (FTAA) and the generalized shift from multilateralism to bilateralism in the Americas for the region’s emerging foreign investment regime. The paper argues that multilateral processes have historically benefited Latin American countries when their interests have diverged from those of the US. In terms of investment, the foreign investment regime advanced by the United States (in bilateral investment treaties) differs significantly from that advanced by sub-regional powers such as Argentina, Brazil and Mexico, particularly regarding investment rules on national treatment and performance requirements. This suggests that, in the absence of multilateral negotiations, US norms on investment and development will progressively define the emerging hemispheric investment regime. |
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| Document Type: |
.PDF |
| Page count: |
29 |
| Word count: |
7232 |
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| BIT by BIT: Building a Foreign Investment Regime for the Americas Paul Alexander Haslam Post-Doctoral Fellow Centre d'études interaméricaines Université Laval Canada Paul.Haslam@hei.ulaval.ca; paul.haslam@3web.net This paper examines the consequences of the breakdown of talks on the Free Trade Area of the Americas (FTAA) and the generalized shift from multilateralism to bilateralism in the Americas for the region's emerging foreign investment regime. The paper argues that multilateral processes have historically benefited Latin American countries when their interests have diverged from |
| and Strategic Studies. Wilkie Christopher. 2001. "FDI development and investment rules: a critique of the UNCTAD Series on Issues in International Investment Agreements." Transnational Corporations 10(2): 135-159. Vandevelde Kenneth J. 1998. "The Political Economy of a Bilateral Investment Treaty." The American Journal of International Law 92(4): 621-641. 27 Vernon Raymond. 1971. Sovereignty at Bay: The Multinational Spread of US Enterprises. New York: Basic Books. Young Oran. "Regime Dynamics: The Rise and Fall of International Regimes." International Organization 36(2): 277-298. |
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