Third World nations have been attempting to balance foreign investment needs with the desire to both control economic development and retain the benefits of this development within their borders. Mexico and Cuba have recently enacted or revised their foreign investment laws. The Article examines these laws in detail and determines what balance these nations have struck between development and control and what compromises have been made. The Article then examines the Caribbean Basin Initiative to see what balance the United States, a capital exporter, finds optimal and to examine how the United States trade and investment laws differ both legally and in terms of projected practical effect from the Mexican and Cuban foreign investment laws.
Foreign Investment Law: Encouragement Versus Restraint--Mexico, Cuba, and the Caribbean Basin Initiative,
8 Hastings Int'l & Comp. L. Rev. 147
Available at: https://repository.uchastings.edu/hastings_international_comparative_law_review/vol8/iss2/1