Investment guarantees

Nowadays, several governments view Foreign Direct Investment (FDI) as a panacea for economic progress and development. In doing so, they are ignoring the experience of several countries that benefits will only arise for the host country if investments are carefully guided and regulated. Instead, developing countries are in fact under bidding each other to create optimal ly favourable conditions for foreign in vestors, while governments of the in dustrialised countries are putting their services at the disposal of companies to guarantee them optimum rights and minimum obligations.