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Item Details
Title: FOREIGN DIRECT INVESTMENT IN LESS DEVELOPED COUNTRIES
THE ROLE OF ICSID AND MIGA
By: James C. Baker
Format: Hardback

List price: £74.00


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ISBN 10: 1567203124
ISBN 13: 9781567203127
Publisher: ABC-CLIO
Pub. date: 30 September, 1999
Pages: 256
Description: A detailed analysis of the evolution and operations of the International Centre of Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA), with an evaluation of the role they play in foreign direct investment in less developed countries.
Synopsis: The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA) are two of the more significant international agencies whose objective is to promote foreign direct investment in less developed countries (LDCs). This is the first detailed treatment of their establishment, the history of their operations, and an evaluation of these operations. ICSID, established in 1966, facilitates the arbitration or conciliation of investment contract disputes between foreign investors from countries that are signatories of the ICSID Convention and host signatory states. MIGA, whose first year of operations was 1988, insures foreign investment against political risks. Drawing on cases, Baker shows how the functions of these two agencies have encouraged a significant amount of foreign investment in LDCs and how the operations of these two agencies continue to grow in importance. Scholars, professionals, and policy makers will find this to be the most comprehensive description available of these important agencies.
Illustrations: 1, black & white illustrations
Publication: US
Imprint: Quorum Books,U.S.
Returns: Non-returnable
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