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Multilateral Trade Liberalisation and FDI: An Analytical Framework for the Implications for Trading Blocs AgEcon
Ghazalian, Pascal L.; Cardwell, Ryan T..
The proliferation of regional integration agreements (RIAs) over the past several years has led to significant changes in the global configuration of trade and investment activity. Multinational enterprises now face the prospect of multilateral trade liberalisation that could significantly affect the foreign direct investment (FDI) incentive structures that were established within the range of current RIAs. RIAs that provide preferential market access to member countries modify firms’ incentives to undertake FDI activities and can lead to various permutations of trade and investment creation and diversion. This article provides an analytical framework for understanding the implications of multilateral trade liberalisation for the incentive structures of...
Tipo: Journal Article Palavras-chave: Foreign direct investment; Incentives; Multilateral trade liberalisation; Regional integration agreements; Demand and Price Analysis; Financial Economics; International Relations/Trade; Political Economy.
Ano: 2010 URL: http://purl.umn.edu/90590
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