The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches
This paper focuses on the OECD role with reference to the elaboration of multilateral norms concerning the discipline of Foreign Direct Investments. In particular, by distinguishing between a promotional approach and regulatory one, it aims to analyze how the OECD activities fulfill the need for bal...
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Universidad Bernardo O'Higgins
2013
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Source: | Ars Boni et Aequi, ISSN 0719-2568, Vol. 9, Nº. 1, 2013, pags. 9-22 |
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dialnet-ar-18-ART00005717642019-07-17The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approachesTavassi, JacopoInternational investments � Multilateral Agreement on InvestmentOECD Guidelines for Multinational Enterprisesregulatory approachpromotional approachInversiones internacionalesAcuerdo Multilateral sobre InversiónDirectrices de la OCDE para Empresas Multinacionalesaproximación reguladoraaproximación promocionalThis paper focuses on the OECD role with reference to the elaboration of multilateral norms concerning the discipline of Foreign Direct Investments. In particular, by distinguishing between a promotional approach and regulatory one, it aims to analyze how the OECD activities fulfill the need for balancing the economic rights of the private investors with the host State’s public interests. In particular, while showing how the previous OECD attempts to elaborate a Multilateral Agreement on Investment (forward MAI) were primarily concerned with the promotion of developed countries’ strategic economic sectors, it finds that the Guidelines for Multinational Enterprises also take into consideration the protection of numerous “public goods”. However, the gap which remains in the discipline of international investments could be filled by these Guidelines only through their incorporation into binding legal instruments.Este artículo versa sobre el rol de la OCDE en lo relativo a la elaboración de normas multilaterales sobre la regulación de Inversiones Extranjeras Directas. Particularmente, al distinguir entre una aproximación promocional y una regulatoria, pretende analizar cómo la actuación de la OCDE cumple con la necesidad de ponderar los derechos económicos de los inversores privados con los intereses públicos del Estado anfitrión. Particularmente, al tiempo que muestra cómo los intentos anteriores de la OCDE de elaborar un Acuerdo Multilateral sobre Inversión se preocupaban principalmente de la promoción de sectores económicos estratégicos de países desarrollados, descubre que las Directrices para Empresas Multinacionales también toman en consideración la protección de numerosos “bienes públicos”. Sin embargo, el vacío que subsiste en la regulación de inversiones internacionales puede ser cubierto por estas Directrices sólo a través de su incorporación en instrumentos jurídicos vinculantes.Universidad Bernardo O'Higgins2013text (article)application/pdfhttps://dialnet.unirioja.es/servlet/oaiart?codigo=4338470(Revista) ISSN 0718-2457(Revista) ISSN 0719-2568Ars Boni et Aequi, ISSN 0719-2568, Vol. 9, Nº. 1, 2013, pags. 9-22engLICENCIA DE USO: Los documentos a texto completo incluidos en Dialnet son de acceso libre y propiedad de sus autores y/o editores. Por tanto, cualquier acto de reproducción, distribución, comunicación pública y/o transformación total o parcial requiere el consentimiento expreso y escrito de aquéllos. Cualquier enlace al texto completo de estos documentos deberá hacerse a través de la URL oficial de éstos en Dialnet. Más información: https://dialnet.unirioja.es/info/derechosOAI | INTELLECTUAL PROPERTY RIGHTS STATEMENT: Full text documents hosted by Dialnet are protected by copyright and/or related rights. This digital object is accessible without charge, but its use is subject to the licensing conditions set by its authors or editors. Unless expressly stated otherwise in the licensing conditions, you are free to linking, browsing, printing and making a copy for your own personal purposes. All other acts of reproduction and communication to the public are subject to the licensing conditions expressed by editors and authors and require consent from them. Any link to this document should be made using its official URL in Dialnet. More info: https://dialnet.unirioja.es/info/derechosOAI
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Ars Boni et Aequi, ISSN 0719-2568, Vol. 9, Nº. 1, 2013, pags. 9-22
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language |
English
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topic |
International investments � Multilateral Agreement on Investment
OECD Guidelines for Multinational Enterprises regulatory approach promotional approach Inversiones internacionales Acuerdo Multilateral sobre Inversión Directrices de la OCDE para Empresas Multinacionales aproximación reguladora aproximación promocional |
spellingShingle |
International investments � Multilateral Agreement on Investment
OECD Guidelines for Multinational Enterprises regulatory approach promotional approach Inversiones internacionales Acuerdo Multilateral sobre Inversión Directrices de la OCDE para Empresas Multinacionales aproximación reguladora aproximación promocional Tavassi, Jacopo The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches |
description |
This paper focuses on the OECD role with reference
to the elaboration of multilateral norms concerning the discipline of
Foreign Direct Investments. In particular, by distinguishing between a
promotional approach and regulatory one, it aims to analyze how the
OECD activities fulfill the need for balancing the economic rights of the
private investors with the host State’s public interests. In particular, while showing how the previous OECD attempts to elaborate a Multilateral
Agreement on Investment (forward MAI) were primarily concerned
with the promotion of developed countries’ strategic economic sectors,
it finds that the Guidelines for Multinational Enterprises also take into
consideration the protection of numerous “public goods”. However,
the gap which remains in the discipline of international investments
could be filled by these Guidelines only through their incorporation
into binding legal instruments.
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format |
Article
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author |
Tavassi, Jacopo
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author_facet |
Tavassi, Jacopo
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author_sort |
Tavassi, Jacopo
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title |
The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches
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title_short |
The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches
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title_full |
The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches
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title_fullStr |
The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches
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title_full_unstemmed |
The role of the OECD in the elaboration of multilateral norms concerning Foreign Direct Investments: a sharp cpmtrast between two different approaches
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title_sort |
role of the oecd in the elaboration of multilateral norms concerning foreign direct investments: a sharp cpmtrast between two different approaches
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publisher |
Universidad Bernardo O'Higgins
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publishDate |
2013
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url |
https://dialnet.unirioja.es/servlet/oaiart?codigo=4338470
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_version_ |
1709711824268558336
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