Book contents
- Frontmatter
- Contents
- Foreword
- Preface and acknowledgments to the first edition
- Preface and acknowledgments to the second edition
- Preface and acknowledgments to the third edition
- Table of cases
- Table of treaties and other international instruments
- Abbreviations
- Part I The legal and institutional framework
- Part II Principles and rules establishing standards
- Part III Techniques for implementing international principles and rules
- Part IV Linkage of international environmental law and other areas of international law
- 18 Human rights and armed conflict
- 19 International trade and competition
- 20 Foreign investment
- 21 Future developments
- Index
- References
20 - Foreign investment
from Part IV - Linkage of international environmental law and other areas of international law
Published online by Cambridge University Press: 05 June 2012
- Frontmatter
- Contents
- Foreword
- Preface and acknowledgments to the first edition
- Preface and acknowledgments to the second edition
- Preface and acknowledgments to the third edition
- Table of cases
- Table of treaties and other international instruments
- Abbreviations
- Part I The legal and institutional framework
- Part II Principles and rules establishing standards
- Part III Techniques for implementing international principles and rules
- Part IV Linkage of international environmental law and other areas of international law
- 18 Human rights and armed conflict
- 19 International trade and competition
- 20 Foreign investment
- 21 Future developments
- Index
- References
Summary
INTRODUCTION
Foreign direct investment is now the largest source of external finance for developing countries, having outstripped public sector overseas development assistance since the early 1990s.
In 2002, the WSSD Plan of Implementation called on states to:
[f]acilitate greater flows of foreign direct investment so as to support sustainable development activities, including the development of infrastructure, of developing countries, and enhance the benefits that developing countries can draw from foreign investment, with particular actions to:
(a) Create the necessary domestic and international conditions to facilitate significant increases in flows of [foreign direct investment] to developing countries . . .
(b) Encourage foreign direct investment in developing countries and countries with economies in transition through export credits that could be instrumental to sustainable development.
- Type
- Chapter
- Information
- Principles of International Environmental Law , pp. 869 - 887Publisher: Cambridge University PressPrint publication year: 2012