Regulating Foreign Direct Investment for Development: Perspectives from Bangladesh

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Nakib Mohammad Nasrullah Mia Mahmudur Rahim

Regulating Foreign Direct Investment for Development

Perspectives from Bangladesh

Nakib Mohammad Nasrullah, Mia Mahmudur Rahim

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English

Routledge
06 November 2024

Regional studies; Development studies; International trade; Development economics; Systems of law

Series: Routledge Focus on Environment and Sustainability

This book offers a comprehensive overview of the relationship between Foreign Direct Investment (FDI) regulation and sustainable development in Bangladesh.

It is widely accepted that FDI-induced development is essential for the growth of undeveloped economies, but it can create a conflict between the investors' goal of profit maximisation and the host state's pursuit of economic gains. FDI-induced development is especially important for the economy of Bangladesh, the focus of this book, which argues that a balanced regulatory approach is necessary to ensure that FDI benefits all stakeholders. In examining Bangladesh's FDI regulatory regime, the authors reveal that it is investor-centric and lacks a development-oriented approach. They discuss the relevant laws, practices, mechanisms, and institutions that govern the entrance regulations and incentives for foreign investment, as well as the protection of the environment and human rights, with special attention to labour rights, involuntary displacement, and the protection of both the investors and the state in which they invest. From this analysis, the book recommends reforms to introduce development as a primary goal while maintaining Bangladesh's appeal as an FDI destination.

The book will be of interest to researchers, students, and academics in the fields of economics, politics, sustainable development, and economic growth. It will also be of great interest to FDI strategists, policymakers, negotiators, administrators, and legislators in creating a balanced regulatory regime to attract FDIs for development.

By: Nakib Mohammad Nasrullah, Mia Mahmudur Rahim
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 138mm,
Weight: 390g
ISBN: 9781032744148
ISBN 10: 1032744146
Series: Routledge Focus on Environment and Sustainability
Pages: 120
Publication Date: 06 November 2024
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

1. Introduction 2. Regulating FDI for Development 3. Entry Regulation of FDI 4. FDI and Environmental Protection 5. FDI and Human Rights Protection 6. Protecting FDI and National Interest 7. Concluding Remarks

Nakib Mohammad Nasrullah is Professor of Law at the University of Dhaka and the Vice-Chancellor of the Islamic University in Kushtia. Mia Mahmudur Rahim is Associate Professor of law at the University of New England and Professor in Residence at the National Law University, Meghalaya.