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Effective taxation is essential for achieving sustained growth in third world countries as many lack adequate financial resources to provide basic public goods. Advice from international development agencies has recently shifted away from the Washington Consensus towards a model that stresses...
Persistent link: https://www.econbiz.de/10013004786
The rise of state-owned companies and sovereign wealth funds (together SOEs) poses many new questions for the regime of investor-state arbitration. Extant literature treats all SOEs the same and limits its focus to the doctrinal treatment of SOEs. This article, by studying Chinese SOEs,...
Persistent link: https://www.econbiz.de/10013050018
Multinational corporations dominate the global economy. Their aggressive business expansion has led to occasional conflicts with some sovereign governments' core interests. The most irreconcilable one is probably between foreign direct investments by multinationals and the need of sovereign...
Persistent link: https://www.econbiz.de/10012986525
The “in-house counsel movement” of the past few decades, with its far-reaching implications for the legal profession, the legal service market, and corporate governance, has attracted a great deal of academic attention. Few scholars, however, have examined the global expansion of emerging...
Persistent link: https://www.econbiz.de/10013251706
The “rule of law” (ROL) is invoked by multinational institutions, Western governments and in China as a political expectation of what legitimate governance looks like. Chinese leaders regularly make claims that are translated into commitments to uphold the ROL, and they generalize this...
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