POLI 359 Lecture Notes - Lecture 1: Autocracy, Discovery Digital Networks, Time Horizon
3 Oct 2016
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Document Summary
Mncs ask preferential (discriminatory) liberalization when global value chains are large. Mncs asks the inclusion in ta of trade-related provisions, eg protection of invst and. Iprs (protect against expropriation: overview on fdi and mncs. Mncs are enterprises that control assets in two or more countries - they are powerful actors, can have larger than some country"s gdp. Fdi is an investment made to acquire a lasting interest in enterprises operating outside of the economy of the investor. Usually long term investment - not speculative investments. o o o. Fdi are a form of cooperation between non-state actors (mncs) and states - Mncs invest abroad to jump tariffs, cut transportation costs, and get cheap labor and natural resources. States in exchange get capital, boosted productivity, and increase employment (create new factories employing a part of local pop) Fdi have grown dramatically over the past three decades o.
