Foreign investment is typically considered an important source of growth for developing countries. This article describes the legal protection granted to foreign investors and its enforcement mechanisms. Governments have signed international investment agreements intended to protect foreign...

This paper examines the influence of political risk guarantees of bilateral investment treaties on debt and equity flows using panel data on middle income countries for the period 1984-2011. Adopting system GMM methodology, the paper empirically finds that ratified bilateral investment treaties...

The International Investment régime has been transformed to a vibrant and constantly evolving, yet incoherent system. A point of incoherence has been the notion of ‘investment' under the ICSID Convention for which the case-law and doctrine have remained unsettled for long. Some Respondent...

The most controversial issues regarding EU international investment agreements are, on the one hand, the actual extent of the EU's exclusive external competence over international investments and, on the other, the opportunity to include investor-state dispute settlement (ISDS) clauses in these...

In this paper the author empirically examines whether the influence of bilateral investment treaties' political risk guarantees extends to other types of capital flows – FDI, private debt, public debt and portfolio equity. The paper uses panel data on middle and low income countries during the...

Investment treaties focus on the protection of the foreign investor, but are not generally concerned with the obligations of said investor towards the host State. There is concern that sometimes the foreign investor is not a victim, but rather the one misbehaving.This paper aims to answer the...

The monograph is devoted to key issues on international investment contracts concluded between a host state as a bearer of power and a foreign investor for a specified period and aimed to contribute capital (investment) into the economy of that state. The only type of such agreements referred to...

We analyze the effect of bilateral investment treaties (BITs) on bilateral foreign portfolio investment in equity and debt securities. We find that expropriation risk and the level of a BIT’s investor protection are complementary. Applying a Poisson Pseudo-Maximum-Likelihood model to a panel...