Regulating International Business

SOL PICCIOTTO has taught law at the Universities of Dar es Salaam (1964-68) and Warwick (1968-1992), and has been a visiting scholar at Nagoya University in Japan (1986) and the European University Institute in Florence (1991-2); he has been Professor of Law at Lancaster University since 1992. He was a founding editor of Capital & Class and Social & Legal Studies, and worked with the Coventry Workshop and TIE (Transnationals Information Exchange) giving research and advice on international business to community and trade union organizations. He specializes in international economic and business law and regulation, and his books include International Business Taxation (1992), Corporate Control and Accountability (co-edited, 1993), and International Regulatory Competition and Co-ordination (co-edited, 1996). RUTH MAYNE is a policy advisor at Oxfam GB (1993- present). Her work involves research and advocacy on international trade, investment and employment issues, directed towards the UK government, EU, OECD and WTO. She has previously worked as a country representative in Colombia for CUSO (Canadian University Service Overseas) (1989-1993), as a socio-economist for ITDG (Intermediate Technology Group) (1987-99) , and as a programme assistant at War on Want (1984-87). She has researched and written on a range of development issues including co-editing two periodicals on human rights and trade issues.

Preface Notes on Contributors Glossary Introduction: What Rules for the World Economy?; S.Picciotto PART I: INTERNATIONAL INVESTMENT PROTECTION AND LIBERALIZATION Foreign Direct Investment to Developing Countries; V.Balasubramanyam A Brief History of Business Regulation; P.Muchlinski Defending the Legacy of Rio: The Civil Society Campaign against the MAI; N.Mabey A Critical Assessment of the MAI; S. Picciotto PART II: BROADENING THE AGENDA The Implications of the MAI for Natural Resource and Land Use; L.Tshuma Improving Investor Accountability; D.Ayine & J.Werksman Transfer of Technology and Competition Policy in the Context of a Possible Multilateral Investment Agreement; P.Roffe Stabilizing Capital Flows to Developing Countries: The Role of Regulation; S.Griffith-Jones Labour Regulation in Internationalized Markets; B.Hepple PART III: THE INTERACTION OF FORMAL AND INFORMAL REGULATION Voluntary Codes and Labour Standards; N.Kearney The Role of Voluntary Codes of Conduct and Regulation - a Retailer's View; P.Fridd & J.Sainsbury Regulating TNCs: The Role of Voluntary and Governmental Approaches; R.Mayne PART IV: THE POLITICS OF ACCOUNTABILITY NGOs, Global Civil Society and Global Economic Regulation; R.O'Brien Index