The Influence of Foreign Investment on Local Economic Development: Iri Free Trade Zone of Korea

1991 ◽  
Vol 19 (1) ◽  
pp. 139-153
Author(s):  
Jong-Chul Choi ◽  
Keyword(s):  
Economic Development ◽  
Free Trade ◽  
Foreign Investment ◽  
Local Economic Development ◽  
Free Trade Zone

Globalisation and local economic development: Place-based and bottom-up public policies in Switzerland and Mexico

2021 ◽  
pp. 026909422110343
Author(s):  
Eduardo I Palavicini Corona
Keyword(s):  
International Economic ◽  
Economic Development ◽  
Free Trade ◽  
Economic Integration ◽  
International Economics ◽  
Local Economic Development ◽  
Public Policies ◽  
Bottom Up

The XXI century has reached the end of its first 20 years. Along the years, it has posed complex challenges to economists and economic geographers. For example, the results of elections and consultations in different countries have shown a strong sympathy with political positions that question the benefits of free international flows of goods, services, labour and capital. By the same token, some academics argue that despite international economics theory clearly acknowledges that free trade causes winners and losers, the expected higher gains have not been effectively used to compensate the losers. This article explores the main challenges of international economic integration in sub-national territories in Switzerland and Mexico to better understand the importance of delivering relevant and competent public policies based on territorial specificity.

Industrial Policy as an Environmental Policy: Forest Preservation and the Industrialization of Manaus

2021 ◽  
Author(s):  
Alexandre A.F. Rivas ◽  
James R. Kahn
Keyword(s):  
Economic Development ◽  
Global Warming ◽  
Free Trade ◽  
Economic Activity ◽  
Forest Conservation ◽  
Positive Relationship ◽  
Tropical Rainforest ◽  
Free Trade Zone ◽  
Amazon Rainforest ◽  
The World

The world is experiencing a major dilemma between the need to reduce global warming and to promote economic development. Brazil has the largest tropical rainforest on the planet, which plays an important role in this scenario. In the heart of this forest there is a special economic zone (SEZ), the Manaus Free Trade Zone. Studies indicate that there is a positive relationship between this economic activity and the level of forest conservation in the state of Amazonas, where the Manaus Free Trade Zone is located. There is important literature on SEZs, examining their economic and environmental impact in general, and specifically examining the Manaus Free Trade Zone. There is also a proposal to turn this SEZ into a major Brazilian economic initiative to protect the Amazon rainforest.

scholarly journals Prioritizing Foreign Investment In APEC

2018 ◽  
Vol 18 (3) ◽  
pp. 20180025 ◽  
Author(s):  
Anthony J Makin ◽  
Andreas Chai
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Free Trade ◽  
Foreign Investment ◽  
International Investment ◽  
Trade Flows ◽  
Living Standards ◽  
Asia Pacific ◽  
Goods And Services ◽  
Trade And Investment

Expanded international trade in goods and services has driven economic development in the Asia-Pacific since the 1994 APEC Bogor declaration that called for free trade and investment in the region. Despite this goal, APEC has predominantly focussed on international trade rather than investment. To redress this bias, the paper first highlights the benefits from increased international investment before examining APEC foreign investment flows relative to trade flows in APEC economies. It then examines key trends before concluding that APEC should prioritize foreign investment to accelerate economic development and living standards in the region.

scholarly journals China (Shanghai) Pilot Free Trade Zone Investor-State Dispute Settlement: An Uncertain Experiment

2017 ◽  
pp. 673-711
Author(s):  
Gonzalo Villalta Puig ◽  
Sabrina Leung Tsam Tai
Keyword(s):  
Free Trade ◽  
Foreign Investment ◽  
Legal Status ◽  
Dispute Settlement ◽  
Free Trade Zone ◽  
Dispute Settlement Mechanism ◽  
Republic Of China ◽  
Management Method ◽  
Legal Uncertainty ◽  
Settlement Mechanism

The China (Shanghai) Pilot Free Trade Zone (PFTZ) is the first free trade zone of the People’s Republic of China (PRC). It seeks to reform the national economy and open it up to foreign investment. This article argues that the suite of legal instruments that establish the PFTZ – the Framework Plan, the Negative List, the Decision, and the Management Method – are legally uncertain and that their legal uncertainty could cause disputes between PFTZ investors and the PRC. To address the problem of legal uncertainty, the article proposes, first, the adoption of a rational connection to the PFTZ as the test for jurisdiction of the PFTZ Court and the PFTZ Court of Arbitration; secondly, the enactment of the Negative List and the Decision as laws in order to clarify their legal status; and, thirdly, a reform of the PFTZ dispute settlement mechanism under the Management Method into an arbitral system.

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