This Note examines the need for guidelines regulating TNC activity, and the importance of formulating a principle of host state treatment that will fulfill the objectives of the Draft Code. The three views on host state treatment and the support each view finds in international law are analyzed. From this analysis, it is concluded that only the LDC view, modified to require host states to clearly state developmental plans, is based on principles that are recognized by and compatible with the interests of all three blocs.
Rosanne M. Thomas,
Host State Treatment of Transnational Corporations: Formulation of a Standard for the United Nations Code of Conduct on Transnational Corporations,
7 Fordham Int'l L.J. 467
Available at: http://ir.lawnet.fordham.edu/ilj/vol7/iss3/2