Liberalizing Financial Services and Foreign Direct Investment

1. Front Matter

   Pages i-xii

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2. Introduction

   • Laura Páez

   Pages 1-6

3. Understanding Foreign Direct Investment

   • Laura Páez

   Pages 7-36

4. Applying FDI Theory to Commercial Banking

   • Laura Páez

   Pages 37-73

5. Multilateral Rules on Financial Services and FDI

   • Laura Páez

   Pages 74-118

6. GATS Financial Services Liberalization in OECD Members

   • Laura Páez

   Pages 119-138

7. Assessing FDI Determinants in Commercial Banking

   • Laura Páez

   Pages 139-170

8. Conclusions

   • Laura Páez

   Pages 171-175

9. Back Matter

   Pages 176-263

   PDF

This book focuses on the relationship between FDI and financial service liberalization in the context of the WTO. By conducting an economic assessment on the extent of GATS liberalization in commercial banking it seeks to empirically clarify if the multilateral liberalization efforts under the WTO promote FDI.

• banking
• foreign direct investment
• investment
• WTO

• United Nations Economic Commission for Africa, Ethiopia

  Laura Páez

LAURA PÁEZ works for the United Nations Economic Commission for Africa, based in Addis Ababa, Ethiopia. She deals with issues of trade and international negotiations such as the Doha Development Round and Economic Partnership Agreements, the Aid for Trade Initiative and regional integration in the context of the Regional Economic Comunities (RECs). Prior to her UN appointment, she worked for the Latin American and Caribbean Economic System (SELA) and was university professor at master level, lecturing on international economics and trade negotiations issues. The author has conducted extensive research on the regulatory impact of financial services liberalization, regionalism in the Americas, foreign direct investment and trade liberalization. She has also worked as a consultant for the World Bank, and lectured on the WTO Trade Policy Course, training officials on trade negotiations from all over the world.

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