00710nam a2200121Ia 4500 20260716043446.0 Hughes, Anthony Lowering the threshold : reducing the cost and risk of private direct investment in least developed, small and vulnerable economies 2002 Examines 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. 6/12/02 JOY_D A 47718 47718