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during the 1990s in an attempt to expand FDI inflows. Although the theory on the subject predicts a positive relationship … between the inflow of FDI and the conclusion of these agreements, the empirical literature is not conclusive about what … impacts TBIs have on FDI, making uncertain the effects that these agreements have had on investment decisions in the region …
Persistent link: https://www.econbiz.de/10012628665
This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...
Persistent link: https://www.econbiz.de/10011431559
International investment agreements (IIAs) almost universally define their temporal validity and thus set conditions for States’ exit from these treaties. This study presents the results of the survey of language that determines the temporal validity of 2,061 bilateral investment agreements...
Persistent link: https://www.econbiz.de/10010230658
direct investment (FDI), an essential question for policy-makers is no longer just what to reform but also how to reform. How … FDI Regulatory Restrictiveness Index, Korea was the biggest reformer of its policies towards FDI between 1997 and 2010 … FDI regime in Korea and to examine how and why it came about. What were the main obstacles and what were the main drivers …
Persistent link: https://www.econbiz.de/10010230661
Investor-State dispute settlement mechanisms (ISDS) are an important component of most International Investment Agreements (IIAs) and have significant influence on how disputes between States and investors are resolved. This statistical survey of a large sample of 1,660 bilateral investment...
Persistent link: https://www.econbiz.de/10009685837
claims by investors on FDI flows to the responding host country. We study this question using a comprehensive dataset of FDI … compensation claims against a host on inward FDI flows from BIT-partner and non-partner countries. Focusing on these differences … control for unobserved changes in the host-country investment climate. We find that BITs stimulate bilateral FDI flows from …
Persistent link: https://www.econbiz.de/10011413955
Advanced systems of domestic corporate law generally apply a “no reflective loss” principle to shareholder claims. Shareholder claims are permitted for direct injury to shareholder rights (such as voting rights). But shareholders generally cannot bring claims for reflective loss incurred as...
Persistent link: https://www.econbiz.de/10010463415
Corporate law in advanced domestic legal systems on the one hand, and typical treaties for the protection of foreign investment on the other hand, treat claims for damages by company shareholders differently. Advanced domestic systems generally bar shareholders from claiming for reflective loss...
Persistent link: https://www.econbiz.de/10010463416
International investment agreements define State commitments on investment protection, but also shed light on how these commitments are to be integrated with other public policy objectives. Investment protection in the context of environmental regulation has been a frequent source of controversy...
Persistent link: https://www.econbiz.de/10013124345
Investor-State dispute settlement mechanisms (ISDS) are an important component of most International Investment Agreements (IIAs) and have significant influence on how disputes between States and investors are resolved.This statistical survey of a large sample of 1,660 bilateral investment...
Persistent link: https://www.econbiz.de/10013096744