By Kenneth J. Vandevelde
Author Kenneth Vandevelde argues that the first objective of the BITs is to advertise the appliance of the guideline of legislation to overseas funding, whereas a secondary goal is to create a liberal funding regime. He additional argues that BITs are in response to six middle ideas: reasonableness, safeguard, nondiscrimination, entry, transparency and due procedure. The publication explains every one of those ideas and analyzes the foremost BIT provisions in response to them. Vandevelde addresses the host of complicated questions that BITs engender: Do bilateral funding treaties allure overseas funding or another way give a contribution to fiscal improvement? Do BITs restrict host kingdom regulatory discretion an excessive amount of? Why may still international locations proceed to finish BITs? what's intended through BIT promises of "fair and equitable remedy" and "full safety and security"? what's the scope of the BIT provision for most-favored-nation remedy? The book's professional research of those questions makes it helpful to coverage makers within the sector of overseas fiscal family members, lawyers representing multinational businesses, and an individual drawn to the method of monetary globalization.
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Extra info for Bilateral Investment Treaties: History, Policy, and Interpretation
Bilateral Investment Treaties: History, Policy, and Interpretation by Kenneth J. Vandevelde
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