Governance of FDI and the East Asian Economic Community

Policy makers in the Asia Economic Community (AEC) engaged in the integration of the countries in the region have so far focused their attention on measures affecting commodity markets. Integration of investment activities should follow in the future. To achieve integration, the policy makers will h...

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Autor principal:	Zdenek Drabek
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	FDI governance Regional economic agreements International investment agreements Trade and investment rules Effects of international investment agreements Investment disputes and international arbitration Regional economics. Space in economics HT388
Acceso en línea:	https://doaj.org/article/19e8a2595afa42fd8ffa1aa0955ab125
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spelling	oai:doaj.org-article:19e8a2595afa42fd8ffa1aa0955ab1252021-12-03T04:01:18ZGovernance of FDI and the East Asian Economic Community2667-111510.1016/j.aglobe.2021.100001https://doaj.org/article/19e8a2595afa42fd8ffa1aa0955ab1252021-01-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2667111521000013https://doaj.org/toc/2667-1115Policy makers in the Asia Economic Community (AEC) engaged in the integration of the countries in the region have so far focused their attention on measures affecting commodity markets. Integration of investment activities should follow in the future. To achieve integration, the policy makers will have to harmonize investment rules. This paper discusses some of the major theoretical and empirical issues of investment governance. The theory is quite clear that, in most cases, cooperation and harmonization of investment rules should be beneficial for countries, a conclusion that is strongly supported by empirical evidence. However, the theory is less clear about specific rules. Though it is still evolving, the theory does provide useful guidance to policy makers in the AEC for negotiating more complete and efficient contracts involving foreign investment.Zdenek DrabekElsevierarticleFDI governanceRegional economic agreementsInternational investment agreementsTrade and investment rulesEffects of international investment agreementsInvestment disputes and international arbitrationRegional economics. Space in economicsHT388ENAsia and the Global Economy, Vol 1, Iss 1, Pp 100001- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	FDI governance Regional economic agreements International investment agreements Trade and investment rules Effects of international investment agreements Investment disputes and international arbitration Regional economics. Space in economics HT388
spellingShingle	FDI governance Regional economic agreements International investment agreements Trade and investment rules Effects of international investment agreements Investment disputes and international arbitration Regional economics. Space in economics HT388 Zdenek Drabek Governance of FDI and the East Asian Economic Community
description	Policy makers in the Asia Economic Community (AEC) engaged in the integration of the countries in the region have so far focused their attention on measures affecting commodity markets. Integration of investment activities should follow in the future. To achieve integration, the policy makers will have to harmonize investment rules. This paper discusses some of the major theoretical and empirical issues of investment governance. The theory is quite clear that, in most cases, cooperation and harmonization of investment rules should be beneficial for countries, a conclusion that is strongly supported by empirical evidence. However, the theory is less clear about specific rules. Though it is still evolving, the theory does provide useful guidance to policy makers in the AEC for negotiating more complete and efficient contracts involving foreign investment.
format	article
author	Zdenek Drabek
author_facet	Zdenek Drabek
author_sort	Zdenek Drabek
title	Governance of FDI and the East Asian Economic Community
title_short	Governance of FDI and the East Asian Economic Community
title_full	Governance of FDI and the East Asian Economic Community
title_fullStr	Governance of FDI and the East Asian Economic Community
title_full_unstemmed	Governance of FDI and the East Asian Economic Community
title_sort	governance of fdi and the east asian economic community
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/19e8a2595afa42fd8ffa1aa0955ab125
work_keys_str_mv	AT zdenekdrabek governanceoffdiandtheeastasianeconomiccommunity
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Governance of FDI and the East Asian Economic Community

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