Inadvertently, it created the impression that the OECD was attempting to force LDCs to accept standards that they were unwilling to adopt themselves. The collapse of this initiative left LDCs in a worse position than they had been before: by opposing the OECD proposal they were made to appear as wanting to confiscate foreign investment. Since then there has been no new initiative. Sufficient time has passed since that mistaken attempt for a new approach to be worthwhile.