Transfer of Technology and Competition Policy in the Context of a Possible Multilateral Investment Agreement

  • Pedro Roffe


The growth of foreign direct investment (FDI) is at the core of the globalization process. The total volume of FDI has kept increasing; by the end of 1996, FDI stock exceeded $3.2 trillion in book value. Developing countries have become important players in this process. FDI to developing countries has increased significantly: from an average of $20 billion annually during the period 1983–8 to $129 billion in 1996, although these flows continue to be heavily concentrated in a few countries of Asia and Latin America (see Balasubramanyam, in Chapter 2 of this volume). A further significant trend in FDI during the 1990s has been the increase in outward investment by firms based in developing countries. Whereas approximately 6 per cent of all FDI outflows originated in developing countries during the period 1983–8, this share rose to almost 14 per cent in 1995–6, mainly from South-East Asian firms (UNCTAD, 1998a).


Europe OECD Monopoly 


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Bizec, François and Daudet Yves (1980) Un code de conduite pour le transfert de technologie. Economica, Paris.Google Scholar
  2. Fikentscher, W. (1980) The Draft International Code of Conduct on the Transfer of Technology. Max Planck Institute, Munich.Google Scholar
  3. OECD (1987) Competition Policy and International Trade. Organization for Economic Cooperation and Development, Paris.Google Scholar
  4. Roffe, P. (1985) ‘Transfer of Technology, UNCTAD’s Draft International Code of Conduct’, International Lawyer, vol. 19, 689–707.Google Scholar
  5. Third World Network (1996) The Effects of FDI, the Need for National Investment Policy and the Issue of a Multilateral Investment Framework Briefing Paper no. 4, 10 October.Google Scholar
  6. UNCTAD (1996a) World Investment Report 1996: Investment, Trade and International Policy Arrangements. United Nations, Geneva.Google Scholar
  7. UNCTAD (1996b) Fostering Technological Dynamism: Evolution of Thought on Technological Development Process and Competitiveness: a Review of the Literature. United Nations, Geneva.Google Scholar
  8. UNCTAD (1996c) The TRIPS Agreement and Developing Countries. United Nations, Geneva.Google Scholar
  9. UNCTAD (1997a) World Investment Report 1997: Transnational Corporations, Market Structure and Competition Policy. United Nations, Geneva.Google Scholar
  10. UNCTAD (1997b) Proceedings of the United Nations Conference on Trade and Development. United Nations, Geneva.Google Scholar
  11. UNCTAD (1998a) Foreign Direct Investment and Development. United Nations, Geneva.Google Scholar
  12. UNCTAD (1998b) Bilateral Investment Treaties in the Mid-1990s. United Nations, Geneva.Google Scholar
  13. Yusuf, A. (1984) ‘L’élaboration d’un code international de conduite pour le transfert de technologie: Bilan et perspectives.’ Revue Générale de Droit International Publique vol. 88, 781–824.Google Scholar

Copyright information

© Pedro Roffe 1999

Authors and Affiliations

  • Pedro Roffe

There are no affiliations available

Personalised recommendations