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Book cover: Research in Global Strategic Management

Research in Global Strategic Management

ISSN: 1064-4857
Series editor(s): Professor Alan Rugman

Subject Area: Strategy

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MULTINATIONALS, THE ENVIRONMENT AND THE WTO: ISSUES IN THE ENVIRONMENTAL GOODS AND SERVICES SECTOR AND IN CLIMATE CHANGE MITIGATION


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Title:MULTINATIONALS, THE ENVIRONMENT AND THE WTO: ISSUES IN THE ENVIRONMENTAL GOODS AND SERVICES SECTOR AND IN CLIMATE CHANGE MITIGATION
Author(s):Thomas L Brewer
Volume:9 Editor(s): Sarianna M. Lundan ISBN: 978-0-76230-966-5 eISBN: 978-1-84950-179-8
Citation:Thomas L Brewer (2003), MULTINATIONALS, THE ENVIRONMENT AND THE WTO: ISSUES IN THE ENVIRONMENTAL GOODS AND SERVICES SECTOR AND IN CLIMATE CHANGE MITIGATION, in Sarianna M. Lundan (ed.) Multinationals, Environment and Global Competition (Research in Global Strategic Management, Volume 9), Emerald Group Publishing Limited, pp.195-217
DOI:10.1016/S1064-4857(03)09009-0 (Permanent URL)
Publisher:Emerald Group Publishing Limited
Article type:Chapter Item
Abstract:Two linked topics concerning environmental issues at the WTO and their implications for MNEs are considered – namely, international business in the environmental goods and services sector, and the relationship of the WTO to the emerging climate change regime, particularly the Kyoto Protocol. Liberalization of barriers to international trade and investment in environmental goods and services could expand market access and otherwise change competitive conditions for multinational firms. The relationship of the WTO to the Kyoto Protocol is on the broader agenda of environmental and economic diplomacy. Decisions concerning these two sets of issues during the next few years will affect multinational firms’ competitive positions, strategies and operations in many industries. For instance, the liberalization of barriers to trade and FDI in the environmental goods and services industry creates new international market opportunities for firms that want to expand abroad; it also creates new competitive threats in home markets. The chapter was in press when the WTO Cancun ministerial meeting collapsed in mid-September 2003.

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