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1 [i] (1980)

handle is hein.amenin/aeiabxo0001 and id is 1 raw text is: Regulating International Business through Codes of Conduct, by Ray- mond J. Waldmann, examines a relatively new phenomenon-inter- national codes of regulations for multinational enterprises and inter- national business transactions. These codes have become a focal point in the North-South dialogue, between the less developed countries and the economically developed world of Europe, North America, and Japan. Waldmann describes two completed international agreements- the Andean Investment Code and the Organization for Economic Cooperation and Development (OECD) code for multinational enter- prises-which serve as precursors of three major proposed codes. The Code of Conduct for Liner Conferences represents a victory for the less developed countries in the United Nations Conference on Trade and Development (UNCTAD) that would significantly affect all shipping lines in a trade. The UNCTAD Code of Conduct on the Transfer of Technology is based on concepts hostile to the West, to multinational corporations, and to technology transferors. And the ideas contained in the UN-sponsored Code of Conduct for Trans- national Corporations are so sweeping that it could not be enforced and might deter the growth of the world economy. Nevertheless, the author sees the code negotiation process as a significant development holding some promise for an increasingly interdependent world. The study includes three appendixes: OECD Declaration on International Investment and Multinational Enterprises; Draft Codes of Conduct on the Transfer of Technology Proposed by the Group of Seventy-Seven and by Group B; and Annotated Outline for a UN Code of Conduct. Raymond J. Waldmann is an attorney in private practice in Washington, D.C. He was formerly staff assistant to the President and deputy assistant secretary of state for economic and business affairs, heading the U.S. delegations to over thirty negotiations, in- cluding those on the Liner and Technology codes. US $12.00 ISBN-13: 978-0-8447-3424 8 ISBN-10: 0-8447-3424-1 S1200 9 -780844 734248

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