Greening Trade and Investment

Eric Neumayer is lecturer in environment and development at the London School of Economics.

• IPreface * Introduction * Part One: Foundations - Globalization: Investment, Trade and the Environment in an Integrating World Economy * The Current Multilateral Trade and Investment Regimes * Part Two: Investment - Pollution Havens: Do Developing Countries Set Inefficient Environmental Standards to Attract Foreign Investment? * Regulatory Chill: Do Developed Countries Fail to Raise Environmental Standards Because of Feared Capital Flight? * Roll-back: Do Foreign Investors Use Investor-to-State Dispute Settlement to Knock Down Environmental Regulations? * A Case Study: The Failed Attempt to Conclude a Multilateral Agreement on Investment * Part Three: Trade - Trade Liberalization and the Environment * GATT/WTO Dispute Settlement and the Environment * WTO Rules and Multilateral Environmental Agreements * Conclusions and Summary of Policy Recommendations * Appendix: Environmental Provisions in Regional and Bilateral Trade and Investment Agreements * Notes * References * Index