This paper develops a self-enforcing contract model to show that better economic fundamentals can help when there is weak rule of law -- but with order -- to attract foreign direct investment, whereas lowering taxes does not necessarily help. Using a cross-region Chinese dataset, the analysis...

This article is part 2 of a series on Rule of Law as it relates to international investment issues. The article describes how the system of bilateral investment treaties and other international investment agreements have created a form of rule of law to protect foreign investors against certain...

International investment arbitration can be said to be built on a great asymmetry: on the one hand, foreign investors are endowed with a set of significant rights, most notably the right to initiate disputes before arbitration tribunals; on the other hand, States and citizens of the host State...

A new constitutional design is emerging in Mexico to address investment and expropriation disputes. Assurance of the rule of law, understood as independent legal process to resolve disputes, is a key element. Although the rule of law assumed growing importance as Mexico's historical...

Effective and adequate infrastructure is a crucial substructure of any thriving economy, and infrastructure investment is regarded as a key driver of economic development. Nigeria, despite being regarded as the largest economy in Africa, and having one of Africa’s largest natural gas and crude...

In the last decade, there has been a surge in the number of multi-lateral and bilateral investment treaties governments have signed; meanwhile there have been dramatic increases in the amount of foreign direct investment (FDI); and, more recently, the number of claims brought under investment...

We have developed a self‐enforcing contract model to show that better economic fundamentals can help an area or a region under a weak rule of law – but with order – to attract foreign direct investments (FDIs), whereas lowering taxes does not necessarily help. Using a cross‐region...

This is the report of a survey conducted by the Economist Intelligence Unit, on behalf of Hogan Lovells, the Bingham Centre for the Rule of Law, and the Investment Treaty Forum of the the British Institute of International Comparative Law, on the relationship between corporate Foreign Direct...

Investor-state arbitration, also called investment arbitration, is often accused of harming developing states facing economic hardship, for the benefit of a wealthy few from the Global North. Its proponents respond that it is the only available means to resolve disputes impartially, and that its...

Zimbabwe is in a state of crisis. Once an African success story, the country has slipped into a downward spiral and is fast becoming a threat to both political and economic stability in the region. An optimistic time frame is now estimated to be ten years. This books chronicles the steps that...