FDI on Tourism and the Environmental Damage: What Indonesia’s Trade and Investment Agreements Can Do?

Yuridika

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Field Value
 
Title FDI on Tourism and the Environmental Damage: What Indonesia’s Trade and Investment Agreements Can Do?
 
Creator Widiatedja, I Gusti Ngurah Parikesit
 
Subject Foreign Direct Investment on Tourism; Environmental Damage; Trade and Investment Agreements.
 
Description The existence of FDI on tourism has provided benefits, covering job opportunities, transfer of technology, government revenue, and the partnership with small and medium enterprises. However, FDI on tourism has also contributed to environmental damage in Indonesia. This paper is aimed to analyse whether trade and investment agreements that involve Indonesia can contribute to prevent and mitigate environmental damage as a result from FDI on tourism. This article is normative research, examining the existing trade and investment agreements that involve Indonesia and compare them with other countries’ agreements. This paper argues that there is evidence to suggest that trade and investment agreements may incorporate provisions in order to ameliorate environmental harm from the existence of FDI on tourism. However, Indonesia has not incorporated any such provisions in its own agreements. Hence, this paper explains that there will be three suggestions to be considered, namely: Indonesia should start putting environmental concern under its trade schedule; Indonesia should consider opening environmental services; and Indonesia should start putting environmental concern in its investment agreements.
 
Publisher Universitas Airlangga
 
Contributor
 
Date 2019-05-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://e-journal.unair.ac.id/YDK/article/view/7927
10.20473/ydk.v34i2.7927
 
Source Yuridika; Vol 34, No 2 (2019): Volume 34 No 2 May 2019; 303-324
2528-3103
0215-840X
 
Language eng
 
Relation http://e-journal.unair.ac.id/YDK/article/view/7927/pdf_1
 
Rights Copyright (c) 2019 Yuridika
http://creativecommons.org/licenses/by-nc-sa/4.0
 

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