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The Making of an International Investment Facilitation Framework

Legal, Political and Economic Perspectives

Axel Berger (German Institute of Development and Sustainability) Manjiao Chi (University of International Business and Economics)

$211.95

Hardback

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English
Cambridge University Press
20 March 2025
This book comprehensively investigates the rationale and effects of the first multilateral agreement on investment facilitation for development, including the interests of key WTO members. It adopts a multidisciplinary, transregional and data-driven approach to explore the political, economic and legal aspects pertaining to the most recent WTO agreement. The book highlights how this agreement broadens the scope of the WTO to the contentious area of foreign investment and adopts the innovative facilitation approach. The book presents cutting-edge research on the (non-)adoption of investment facilitation worldwide, the economic impact of the agreement, its legal implications and the political economy explaining why the investment facilitation for development agreement came about. The book brings together leading experts from various disciplines and practices and aims at inspiring more substantive research in this new field of international economic rule-making. This title is also available as Open Access on Cambridge Core.
Edited by:   ,
Imprint:   Cambridge University Press
Country of Publication:   United Kingdom
Weight:   803g
ISBN:   9781009444088
ISBN 10:   1009444085
Series:   Cambridge International Trade and Economic Law
Pages:   429
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Hardback
Publisher's Status:   Active
Introduction: law, politics and economics of international disciplines on investment facilitation for development Axel Berger and Manjiao Chi; Part I. Investment Facilitation Rules in International and Domestic Law: 1. Domestic investment facilitation frameworks: measuring their extent and variation Axel Berger, Florian Gitt and Ali Dadkhah; 2. Investment facilitation provisions in international investment agreements and the multilateral framework on investment facilitation for development Rodrigo Polanco; 3. Relationship between the investment facilitation for development and other WTO agreements – potential overlaps and complementarities in the non-service sector Yuka Fukunaga; 4. Investment facilitation and dispute settlement: a structural analysis Manjiao Chi; Part II. Political Economy Perspectives of Investment Facilitation Rule-Making: 5. Economic impacts of an investment facilitation for development agreement Edward J. Balistreri and Zoryana Olekseyuk; 6. The political economy of an investment facilitation for development agreement in Brazil, India and China Julia Calvert; 7. Facilitation of Foreign direct investment through International economic law – contribution to the right to development and SDGs Ole Kristian Fauchald; 8. Plurilateral negotiations in the WTO on services domestic regulation and investment facilitation for development Christian Pitschas; 9. Special economic zones and investment facilitation Richard Bolwijn and Jing Li; 10. Investment facilitation and the Global technology sector: intergovernmental cooperation versus geopolitical rivalry Simon B. C. Lacey; Part III. Regional Perspectives of Investment Facilitation Rule-Making: 11. Domestic governance and treaty practice of Brazil's investment cooperation and facilitation agreements Michelle R. Sanchez-Badin and Manu Misra; 12. The European Union and investment facilitation at the WTO Sophie Meunier and Christilla Roederer-Rynning; 13. China's approach to investment facilitation Xiuli Han; 14. The WTO facilitation framework without Africa: unpacking the conundrum Malebakeng Agnes Forere; Index.

Axel Berger is Deputy Director (interim) at the German Institute of Development and Sustainability (IDOS) and Managing Director of the Sustainable Development Solutions Network (SDSN) Germany. He works on the design, effects and diffusion patterns of international trade and investment agreements. Other areas of current research include the development effects of an international investment facilitation framework in the WTO and the role of the G7 and G20 in global governance. Manjiao Chi is Full Professor, Law School, University of International Business and Economics (UIBE), Beijing. He teaches and publishes extensively in international economic governance, dispute settlement and sustainable development. He frequently consults governments, international organizations and private parties on cutting-edge international economic law issues, and holds or held visiting positions in leading law schools across the world.

Reviews for The Making of an International Investment Facilitation Framework: Legal, Political and Economic Perspectives

'This book presents the first comprehensive analysis of the main existing efforts on investment facilitation. It is a great contribution for scholars and for trade negotiators and policymakers, as investment facilitation has been proved to be key to attract not only more but better investment, which is necessary for the transition to a more sustainable economy.' Sofía Boza, Ambassador, Permanent Representative of the Republic of Chile to the World Trade Organization 'This is the most comprehensive guide to international investment frameworks today. It is a must for policymakers, scholars, and businesses interested in understanding the details of this important topic.' Anabel González, Vice President for Countries, Inter-American Development Bank 'This book convincingly explains how WTO members, especially developing members, have worked together to strengthen the multilateral trading system and foster sustainable development through making the landmark WTO Agreement on Investment Facilitation for Development. It serves as a valuable reference for trade policymakers, scholars, and law practitioners.' LI Chenggang, Ambassador, Permanent Mission of the People's Republic of China to the World Trade Organization 'The international debate on investment facilitation sits at the fascinating intersection of law, politics, and economics. This book provides a valuable contribution to an issue area that is increasingly important. Timely and multidisciplinary, it's poised to become a reference in investment facilitation.' Tatiana Prazeres, Foreign Trade Secretary of Brazil 'Investment facilitation frameworks are becoming ever-more important in the international investment regime. This is the best guide to date.' Lauge N. Skovgaard Poulsen, Professor, University College London 'This impressive volume contains a comprehensive discussion of a range of issues related to the WTO's Investment Facilitation for Development Agreement, contributed by an international group of multidisciplinary scholars who have an excellent understanding of the subject matter.' Karl P. Sauvant, Resident Senior Fellow, Columbia Center on Sustainable Investment


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