Substantive Protection under Investment Treaties

Substantive Protection under Investment Treaties

A Legal and Economic Analysis

Auteur:
Jonathan Bonnitcha
ISBN:
9781107042414
ISBN10:
1107042410
Uitgever:
CAMBRIDGE UNIVERSITY PRESS
Taal:
Engels
Bindwijze:
Hardcover
Geillustreerd:
Nee

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Substantive Protection under Investment Treaties provides the first systematic analysis of the consequences of the substantive protections that investment treaties provide to foreign investors. It proposes a new framework for identifying and evaluating the costs and benefits of differing levels of investment treaty protection, and uses this framework to evaluate the levels of protection for foreign investors implied by different interpretations of the fair and equitable treatment and indirect expropriation provisions of investment treaties. The author examines the arguments and assumptions of both supporters and critics of investment treaties, seeks to test whether they are coherent and borne out by evidence, and concludes that the 'economic' justifications for investment treaty protections are much weaker than is generally assumed. As such, the 'economic' objectives of investment treaties are not necessarily in tension with other 'non-economic' objectives. These findings have important implications for the drafting and interpretation of investment treaties.

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Algemene informatie

Titel:
Substantive Protection under Investment Treaties
ISBN:
9781107042414
ISBN-10:
1107042410
Auteur:
Jonathan Bonnitcha
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