Market integration, the impact of international investment law

[Abstract] the forces of globalization are to maximize the interests of capital and the pursuit of national interests to achieve the country's comparative Investment measures and make all the efforts, but the interests of capital and maximize their comparative advantage, but can not resolve differences in the Investment environment and Investment abuse of the rules and implementation of long-term, coordinated development of the tension between the tension problem. In view of the global Investment market functions during the transformation and Investment management functions, it is necessary to re-recognize the interests of capital and national comparative advantage to maximize the balance between Jiexian , beneficiaries of the market forces are no longer just an advantage to win, but the advantage of the rules of promotion.

[Keywords:] the interests of Investment derivatives market tension effects of bad money game economy ecosystem

First, market integration challenges the traditional boundaries of interest

International Investment today has become a pure financial gain across more Economic interaction between countries involved in the topic of the international capital operations in addition to following the old cost - profit model, the more the transformation of the Investment environment and Investment impact on the game re-sketched the international Economic order and cultural values ​​have been gradually out of the "unified" or "fair" rules of the chase, and more performance of these rules, "localization" evaluation criteria and influence its future direction of development issues. global Investment capabilities and are following the pattern of re-shaping the implications of globalization.

1 investment interests of the investment function derived from the profits to develop competitive changes.

Economic benefits derived from pure competition in the market has crossed the stage and move to the market cooperation in this process, capital flows brought about, has not only after-tax statements and financial figures, but the employment, training and related derivatives areas of the market, brought about by a series of changes in market conditions.

Therefore, how the new market conditions, to play a competitive advantage, or even to play a competitive advantage is to develop an environment, the future market environment has become the main topic of transformation.

2 Investment tension that exists on the function of tension.

Markets in developing countries are not out of profits from investment incentives to the cycle of imbalance in its origin is a result of over-exploitation will lead to a more competitive within the industry under the same conditions, technical or financial interests of developing countries and thus lead to reduced Economic structural adjustment.

In this process, as opposed to the reform success and failure for many developing countries, developed countries and developing their own comparative advantage, abuse of the weak market management, out of touch led multinational investment incentives and profit potential between the rules of contradictions and the outbreak of its consequences is the developed and developing countries, as in living beyond, while the leading source of confusion in the market order, do nothing.

3 evaluation of investment rules and the lack of positive interaction.

(1) the nature of the financial crisis on Economic management.

By the financial crisis, we can see clearly the investment bank and other financial institutions at the operational level, as always, the "professional" and "accurate", and their failure only predict the impact of market management rules are not accurate.

Virtual economy with real economy over the separation, neither the financial sector would like to see, nor is it able to control the financial crisis of the nature of the problem is an incompatibility between the market or order of a lack of positive interaction.

(2) A State Government can not avoid the bad effects of money out of good money.

Range because the market presence of transnational capital can take advantage of loopholes in the rules of the market benefit. Which makes much of a country can not make up the market to improve market tonic effect caused by loss of market, so in the development of industry standards, or plans for industrial upgrade, must be multi-national markets and cross-range planning, they are not out of proportion to the input and output.

Links to free download http://www.hi138.com Second, the globalization of the new features of international investment law

1 investment law focus from rules to gain a reasonable share of the integration of changes.

Integration of international investment rules once the WTO and regional economic organization's goals and ideals, the actual effect was more and more suspect, because the rules can not be solved in the integration process constraints and advantages of the benefits derived from the issue of abuse, resulting in two unintended results: regional differences in economic development of the widening and distortion of the rules.

The European Union, for example, to change the way their integration and regional economic cooperation on the issue of sovereignty in the consensus interpretation of the economic benefits of a good and reasonable sharing of the importance of the idea of ​​change means that the new platform of economic symbiosis shall be set up, the macro-and micro-market policies of corporate human rights dialogue will be relief in this increasingly close economic and ecological circle was repeatedly mentioned, from utopian socialism to the realities of history gone through a hundred years from post-WTO era, the characteristics of the economic crisis, global economic interests of platform is not a structural problem or not, sooner or later but only time and manner of trade-offs.

(2) the core rules of investment law influence the rules of rational evaluation of passive aptitude and positive impact on change.

The history of international investment law has never been so dependent on economic policy, administrative control and close collaboration between the law fair, although the World Trade Organization as the representative of international investment institutions have increasingly recognized rules exist between fairness and effectiveness gray area, but also an increasing emphasis on national trade policy consultations and coordination of administrative power, but the trade status quo is the order of influence on investment policies and more reasonable interpretation of fair succumb to their own interests, while structural problems of economic development and long-term impact of no agreement.

WTO rules in the past been interpreted as mixed package, the efficiency of its uniform rules are gradually giving way to a new interpretation of the rules and enforcement of WTO rules themselves to different types of countries, mainly developing countries and developed countries, prepared space can not compensate for the effect of the implementation of national economic policies and means of implementation stage of the difference in understanding the integration process, especially in service industries such as subsidies and economic policy, national rules for the interpretation of fact creates any investment measures to encourage the abuse of and the distortion of comparative advantage, healthy competition in the economy gradually giving way to economic goals and the weight of the lure of economic means the world financial markets function abnormal development, the uneven level of protection of intellectual property rights of States, barriers to new technology and services industry, agricultural trade barriers and other areas of the root causes of problems facing the WTO are in here.

Future international investment law in this area is a positive development and innovation but have to face daunting problems. Investment law reform should also invest in the development of enterprises a comprehensive evaluation of measures for the flow of capital between different countries to provide fair and efficient channel. government functions from the traditional sovereignty-centered, collaborative-centrism to change. to avoid the negative effects of comparative advantage in services, agriculture and trade barriers and WTO has not yet reached full consensus on a breakthrough in the field, International cooperation should break through the barriers of national boundaries, administrative, public opinion, policies, laws and many other fields, a radical reform, only that, the future of international investment law in order to fulfill healthy, orderly economic ecosystem transformation task.


Third, the conclusion

Through the surface of interest to see behind the necessity of cooperation, both the basic needs of the market game, the market rules and the nature of international investment law itself demands from the market, seamlessly integrated into the back integration of the concept of universal values, that is the inverse market design, both rational and orderly development to meet market needs, but also the reality of interest-oriented and consistent with the international investment law reform and development are bound to reflect in this process and develop a market for people to diligently explore the spirit of co-benefits and the rational development of the market pursuit.


References:
[1] Xinqiao Li. The subprime crisis. Beijing: China Economic Circle Press, 2008.

[2] Ran China. The role of derivatives in economic growth, China Financial Publishing House, 2006.01.

[3] Olivier • Long, Zhang Jie, Lu Tianping. GATT multilateral trade system in the law and its limitations. Beijing: China Foreign Economic and Trade Publishing House, 1989.

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