Abstract
The chapter so far has examined in detail the overarching research question of the dissertation, i.e., to what extent does the current EU institutional framework provide an effective and efficient solution for FDI policy competition between governments under changing conditions for global foreign direct investment as well as current and future rounds of EU enlargement. The last section will summarize the arguments that support the thesis that institutional governance instruments of FDI policy competition in the EU are overstretched and in need of reform, and suggest potential normative solutions to overcome these institutional weaknesses. The chapter will conclude by reviewing the global context surrounding this policy agenda, which shall also serve as segue into the political economy of FDI policy competition presented in the following Chapter 5.
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References
OMAN (2000), p. 72.
See UNCTAD (2003a), p. 3.
WILLIAMSON (2000), p. 610.
See YOUNG/ TAVARES (2004), p. 17.
See OECD (2001), p. 9.
See EU (2004c), pp. 4–8 for a detailed discussion.
See EU (2002b), p. 10.
See EU (2004c), p. 7.
See IBEX (2003), pp. 7-8.
EU (2003a), p. 15.
See EU (2003a), p. 15.
See IBEX (2003), p. 13.
See RAINES/ BROWN (1999), p. 103.
See EU (2003a), p. 17.
See PIGGOTT (2003).
See UNCTAD (2003), p. 124.
UNCTAD (2003), p. 124.
See UNCTAD (2003), p. 91.
See BREWER (1993), p. 109.
SIEBERT (2003), p. 18.
See, for example, YOUNG/ BREWER (2003); SAUVE/ WILKIE (2000); BREWER/ YOUNG (2000); GRAHAM (1996a); UNCTAD (1996a).
For a dissenting view on the merits of a multilateral investment framework see, for example, FERRARINI (2003).
See, for example, WORLD BANK (2003a).
Only 30 host countries in total accounted for about 95 percent of all FDI inflows, and less than 30 home countries accounted for 99 percent of all outward investment flows in 2002 (see WORLD BANK, 2003; UNCTAD, 2003).
YOUNG/ TAVERES (2004), p. 9.
See YOUNG/ TAVERES (2004), p. 9.
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© 2006 Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden
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(2006). Institutional Issues and Policy Implications. In: Locational Tournaments in the Context of the EU Competitive Environment. DUV. https://doi.org/10.1007/978-3-8350-9109-2_13
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DOI: https://doi.org/10.1007/978-3-8350-9109-2_13
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