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dc.contributor.authorHoneck, Daleen_US
dc.date.accessioned2012-04-26T12:00:40Z-
dc.date.available2012-04-26T12:00:40Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57576-
dc.description.abstractThere is a stark contrast between the ambitious investment promotion efforts of many least developed countries (LDCs) and their often minimal commitments under the General Agreement on Trade in Service (GATS). At a time of urgent need to address domestic infrastructure and investment gaps, this situation cannot be a positive signal for investors (either domestic or foreign), and may be a missed opportunity to address services aspects of the Millennium Development Goals (MDGs). LDCs often lack internationally credible mechanisms for making commitments, which contributes to their evident difficulty in attracting the more employment-generating types of investment that could bring greater opportunities for poverty alleviation. Considering that most LDCs, under domestic laws, have already opened a wide range of services sectors to foreign direct investment (FDI), there may be an opportunity to enhance the international consistency and credibility of LDC investment promotion efforts by making GATS commitments, while preserving substantial policy space with regard to the actual status quo. While reforms to domestic regulations are undoubtedly of greater importance to attracting FDI, GATS commitments, including partial commitments, can be used to publicize LDC investment priorities in services (such as attracting new businesses, encouraging joint ventures and technology transfer, etc.), and make them legally binding internationally. Offers to make new GATS commitments can further be used as bargaining chips in the current Doha Development Agenda (DDA) negotiations. Mali has been selected as a case study, due to the fact that trade and investment policies are clearly and consistently documented.en_US
dc.language.isoengen_US
dc.publisherWorld Trade Organization, Economic Research and Statistics Div. Genevaen_US
dc.relation.ispartofseriesWTO Staff Working Paper ERSD-2011-07en_US
dc.subject.jelF13en_US
dc.subject.jelF14en_US
dc.subject.jelI38en_US
dc.subject.jelL80en_US
dc.subject.jelL90en_US
dc.subject.jelO14en_US
dc.subject.jelO19en_US
dc.subject.jelO24en_US
dc.subject.jelO55en_US
dc.subject.jelP45en_US
dc.subject.ddc330en_US
dc.subject.keywordLDCsen_US
dc.subject.keywordGATSen_US
dc.subject.keywordFDIen_US
dc.subject.keywordpolicy credibilityen_US
dc.subject.keywordMDGsen_US
dc.subject.keywordpolicy spaceen_US
dc.subject.keywordMalien_US
dc.subject.keywordAfricaen_US
dc.subject.keywordinvestment promotionen_US
dc.subject.keywordpoverty alleviationen_US
dc.subject.stwGATSen_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwGlaubwürdigkeiten_US
dc.subject.stwVierte Welten_US
dc.title"Expect the unexpected"? LDC GATS commitments as internationally credible policy indicators? The example of Malien_US
dc.typeWorking Paperen_US
dc.identifier.ppn66017927Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WTO Staff Working Papers, Economic Research and Statistics Division, WTO

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