my thesis I'm writing right now on "New spread of investment protectionism - Are the legal boundaries in international economic Appropriate law to limit the discretion of national security review Authorities - A transatlantic comparative approach ". Last month, an article of the German professor Karl Sauvant (Colombia University) in the Korea Times, summarizes the problem well. (See below)
I'm fighting right now with less work than with the cultural distance between my Prof and me. After 2 years I've yet Korea is given, to understand many cultural characteristics of Prof-student relationship, but right now I'm really desperate on. My thesis is in final stage, in my opinion, both in terms of content and on structure and formalities (references, etc.). In various Gesparechen I have the Professor tried to make clear that I would like to lead a discussion with him, the READ is based on the work. He has to work not go through completely, but read comment wengistens the apparent surrounded by arcades and me. Professors are no doubt very oilpainting, he "commutes" sometimes more often between Switzerland (WTO in Geneva) and Korea, but it really is too much to ask that he reads my work, at least in parts? He commented on my emails with "I am very impressed of your progress ...", he raised at the meetings but always under the impression that he has read the work before. Otherwise I can statements such as: "Did you arrange the references? Did consult the XY literature / article ... not explain. " Man is probably not so clear that a student is ahead of schedule, and delivers even 2 months before deadline a readable paper. My additional semester allowed me more time to put in the thesis than others, hence the temporal lobe, which I pointed him several times, but only in response to the exporters received tourist highlights Switzerland. I hate it when seemingly unfounded smear me honey to the mouth. Franchement ca fait chier .. j'travaille comme un dinque, et il s'en fout apparement ....
Unlike bachelor theses, master theses will be written independently, and the "contribution" should be much bigger, that is, no real literature summaries, but a clear academic progress to be seen. Such progress is highlighted in a commercial legal work is not exactly easy, as many lawyers often only summarize the law and add a few phrases and that's it. In Zurich and St. Gallen I have scoured dozens of theses supervised from well known Right and Oec. Professors, in which I had to ask me at the end .. and what's your point? To reduce this risk in my work, at least, I would be so helpful if the Professor could make a few comments on my work. Top of that, at my Department Thesis Defense in a proper form of a 30 minute presentation before the three-strong Professorenkomittees (1 JD and oec. / 1 D of business / 1 D of oec.) Must take place, probably in late November. to combine a business law work in the form of a PPT is not exactly the most entertaining work, as are typical business Theses or statistical evaluations grateful. Most professors in the Department are graduates of Ivy League universities (Columbia, Harvard, Chigaco etc) and also shaped accordingly. Presentation must be crisp, clear progress on the academic debate be seen
etc., to make things that developments over beat right now to my subject. UNCTAD, OECD, all organizations that hold on to what bring out new studies. 150-page giant packages that summarize the problems and propose solutions to present ... The main overlaps are therefore vorpgrogrammiert, which in turn reduces the "Academic contribution" of my work. Wrong topic chosen (no subject target of Profs)? : Yes and no. Relationship with Prof. built wrong ... yes and no. Sure, I have not taken part in every department "outing" and drinking soju, I've spent my free time, preferably outside the University Buildings, which I differ from many local students ...
Okay whining does not help, but sometimes doing quite well. En tout cas, c'est la vie ... on verra.
Beware of FDI Protectionism
I'm fighting right now with less work than with the cultural distance between my Prof and me. After 2 years I've yet Korea is given, to understand many cultural characteristics of Prof-student relationship, but right now I'm really desperate on. My thesis is in final stage, in my opinion, both in terms of content and on structure and formalities (references, etc.). In various Gesparechen I have the Professor tried to make clear that I would like to lead a discussion with him, the READ is based on the work. He has to work not go through completely, but read comment wengistens the apparent surrounded by arcades and me. Professors are no doubt very oilpainting, he "commutes" sometimes more often between Switzerland (WTO in Geneva) and Korea, but it really is too much to ask that he reads my work, at least in parts? He commented on my emails with "I am very impressed of your progress ...", he raised at the meetings but always under the impression that he has read the work before. Otherwise I can statements such as: "Did you arrange the references? Did consult the XY literature / article ... not explain. " Man is probably not so clear that a student is ahead of schedule, and delivers even 2 months before deadline a readable paper. My additional semester allowed me more time to put in the thesis than others, hence the temporal lobe, which I pointed him several times, but only in response to the exporters received tourist highlights Switzerland. I hate it when seemingly unfounded smear me honey to the mouth. Franchement ca fait chier .. j'travaille comme un dinque, et il s'en fout apparement ....
Unlike bachelor theses, master theses will be written independently, and the "contribution" should be much bigger, that is, no real literature summaries, but a clear academic progress to be seen. Such progress is highlighted in a commercial legal work is not exactly easy, as many lawyers often only summarize the law and add a few phrases and that's it. In Zurich and St. Gallen I have scoured dozens of theses supervised from well known Right and Oec. Professors, in which I had to ask me at the end .. and what's your point? To reduce this risk in my work, at least, I would be so helpful if the Professor could make a few comments on my work. Top of that, at my Department Thesis Defense in a proper form of a 30 minute presentation before the three-strong Professorenkomittees (1 JD and oec. / 1 D of business / 1 D of oec.) Must take place, probably in late November. to combine a business law work in the form of a PPT is not exactly the most entertaining work, as are typical business Theses or statistical evaluations grateful. Most professors in the Department are graduates of Ivy League universities (Columbia, Harvard, Chigaco etc) and also shaped accordingly. Presentation must be crisp, clear progress on the academic debate be seen
etc., to make things that developments over beat right now to my subject. UNCTAD, OECD, all organizations that hold on to what bring out new studies. 150-page giant packages that summarize the problems and propose solutions to present ... The main overlaps are therefore vorpgrogrammiert, which in turn reduces the "Academic contribution" of my work. Wrong topic chosen (no subject target of Profs)? : Yes and no. Relationship with Prof. built wrong ... yes and no. Sure, I have not taken part in every department "outing" and drinking soju, I've spent my free time, preferably outside the University Buildings, which I differ from many local students ...
Okay whining does not help, but sometimes doing quite well. En tout cas, c'est la vie ... on verra.
Beware of FDI Protectionism
By Karl P. Sauvant NEW YORK - During their most recent meetings, the G8 took a strong stance against protectionist measures in the area of foreign direct investment (FDI), echoing calls for a moratorium in seeking measures issued earlier by the G20. Both were right to do Sun According to the United Nations Conference on Trade and Development, only 6 percent of all the changes in national FDI regulations around the world between 1992-2002 were in the direction of making the investment climate less welcoming. That figure doubled to 12 percent of all regulatory changes in 2003-2004, and almost doubled again, to 21 percent of all FDI regulatory changes, in 2005-2007. In Latin America, for example, some 60 percent of all FDI regulatory changes in 2007 were unfavorable to foreign investors. Overall, countries that had implemented at least one regulatory change that made the investment framework less welcoming in 2006-2007 accounted for some 40 percent of world FDI inflows during that period ― an impressive figure that demonstrates that something very dubious is afoot. And these data refer to formal changes in laws and regulations; no data are available on the extent to which unchanged laws and regulations are implemented in a more restrictive manner, increasing informal barriers to the entry and operations of foreign firms.Of course, not every measure that makes the climate less welcoming for foreign direct investors is protectionist. Basically, there are two situations that should qualify. In the case of inward FDI, protectionism involves new official measures that are used to prevent or discourage investors from coming to or staying in a host country. For outward FDI, protectionism involves measures that require domestic companies to repatriate assets or operations to the home country, or that discourage certain types of new investments abroad.But the definition of FDI protectionism can become more complicated, because measures taken in the interest of legitimate public policy objectives ― for example, protecting national security or increasing FDI's contribution to the host economy ― are not necessarily instances of it, even if they make the foreign-investment climate less hospitable.Nevertheless, even with this caveat, there has been a rise of FDI protectionism that predates the current financial crisis and recession. This suggests that a reevaluation of the costs and benefits of FDI was already underway, led, interestingly enough, by developed countries, which in the past had championed liberalization of entry and operational conditions for foreign investors and their protection under international law.For some countries, like the United States, this reevaluation is grounded in national security concerns (largely undefined) that arose in the aftermath of the terrorist attacks of September 11, 2001. But there also seems to be a bit of a reaction against the ``new kids on the block," namely multinational enterprises from emerging markets, especially when these are state-owned and seek to enter the U.S. market through mergers and acquisitions. Hence the strengthening of the active screening mechanism of the Committee on Foreign Investment in the U.S. In the case of some other developed countries (for example, Canada, France, Germany), national security concerns extend to economic considerations and the protection of ``national champions." In these countries, too, screening mechanisms have been strengthened, and China and Russia, as well as some other emerging markets, are following suit. In some of these cases, legitimate public-policy objectives may well be involved. But the boundary line between such objectives and protectionism can be a very fine one. The financial crisis and recession may dampen the rise of FDI protectionism, as countries seek capital to shore up local firms and increase investment to help them promote economic recovery. But the global downturn may also accentuate protectionism, especially if nationalistic impulses gain the upper hand, perhaps stimulated by fire-sales of domestic assets (as we saw during the Asian financial crisis).The bottom line is that the investment climate for foreign direct investors is becoming less welcoming. While this is certainly not the dominant approach toward FDI, we need to be vigilant that it does become not so. What would be helpful in this respect is an objective FDI Protectionism Observatory that monitors FDI protectionist measures and names and shames countries that adopt them.
Korea Times 08-10-2009 16:18
Korea Times 08-10-2009 16:18
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