The proliferation of International Investment Agreements (IIAs) and treaty-based investment arbitration has raised concerns over the extent to which IIAs are actually fair and are able to balance the interests of foreign investors and States. The strong protections afforded by IIAs to investors...

All developing countries participate, to greater or lesser degrees, in the global competition for foreign investment. But attracting investment is not the only challenge. Harnessing foreign investment to achieve sustainable development is often even more difficult. What is needed to address...

Modern BITs habitually begin with a preamble, whereupon basic concepts such as what constitutes an investment and an investor for the purpose of the treaty are somewhat defined. The effectiveness and manner in which BITs pursue their objectives are remarkably uniformed, thanks to their vigorous...

In this book chapter, Mayeda reviews how developing countries can use international investment agreements (IIAs) to promote their sustainable development policies. He first identifies some of the deficiencies of existing models, and then suggests new provisions that developing countries should...

Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries in private investment. The assessment is based on 38...

This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...

This volume builds upon previous research on sustainable development in international trade law and policy, published in Sustainable Development in World Trade Law. The volume's goal is to analyse the state of international investment law through the lens of sustainable development and to...