This essay tells the story of a recent failed venture in international economic cooperation --namely, the proposed Multilateral Agreement on Investment, or MAI. The MAI would have embodied a concerted set of measures to push forward the liberalization of foreign direct investment. Negotiations to prepare it were launched in 1995 by the member governments of the Organization for Economic Cooperation and Development, the OECD. These negotiations were...
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Business Business & Investing Economics Political Science Politics & Social Sciences