00634nam a2200085Ia 4500100002000000245013600020260000900156520036400165583001900529 aHughes, Anthony aLowering the threshold : reducing the cost and risk of private direct investment in least developed, small and vulnerable economies c2002 aExamines the proposal for the replacement of trade preferences by investment preferences, which was made in a paper to the St. Lucia Meeting of the Commonwealth Secretariat/World Bank Task Force on Small States. Makes the point that trade preferences had always been intended to persuade investors to locate enterprises in the preference-receiving economies. c6/12/02kJOY_D