This
report
published by Boston University's Pardee
Center is the outcome of a workshop co-sponsored
last June in Buenos Aires, Argentina with
the Center for the Study of State and
Society (CEDES) in Argentina and Global
Development and Environment Institute
(GDAE) at Tufts University. It validates
the concerns that there may be a number
of incompatibilities between the ability
to regulate cross-border finance and disciplines
under the World Trade Organization (WTO)
and the myriad "free trade agreements"
(FTAs) and bilateral investment treaties
(BITs) that many nations have agreed to
over the past decade and more. In general,
the review found that FTAs and BITs are
far more incompatible with the ability
to regulate cross-border finance than
is the WTO. The report offers concrete
remedies to reconcile the ability to deploy
capital account regulations with the trade
and investment regime.
May 13, 2013.
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