The Evolving International Investment Regime : Expectations, Realities, Options.
- 1st ed.
- 1 online resource (307 pages)
Cover -- Contents -- Foreword -- Preface -- Acknowledgments -- Editors and Contributors -- Introduction: International Investment Law in Transition -- The Context: Foreign Investment and the Changing Global Economic Reality -- Introduction -- A. Current and Future Trends in Foreign Investment -- B. Economic Drivers of FDI -- C. The Decline of the "Superpower" -- D. Looking Toward the Future -- Concluding Remarks -- PART I: Stakeholder Expectations in the International Investment Regime -- 1.1 What Do Developing Countries Expect from the International Investment Regime? -- Introduction -- A. The International Investment Regime and the New Realities of Developing Countries: The Fallen Paradigm -- B. The Multiple Functions of a Rule-Oriented International Investment Regime for Developing Countries -- C. Is the International Investment Regime Fulfilling Its Functions? -- Conclusions and Way Forward -- 1.2 Civil Society Perspectives: What Do Key Stakeholders Expect from the International Investment Regime? -- Introduction -- A. "Civil Society" for Present Purposes -- B. Two Major Directions in Civil Society Views -- C. The View Against the International Investment Law Regime -- D. The View for Reform of the International Investment Law Regime -- Conclusions -- 1.3 Regulating Multinationals: Foreign Investment, Development, and the Balance of Corporate and Home Country Rights and Responsibilities in a Globalizing World -- Introduction -- A. Principal Actors and Interests -- B. The Current Regime of IIAs -- C. Mitigating the One-Sided Nature of IIAs -- D. Extending IIAs to Home Country Responsibilities -- Conclusion -- 1.4 On the Perceived Inconsistency in Investor-State Jurisprudence -- Introduction -- A. Variations in Facts -- B. Variation in Treaty Terms -- C. Overstated Conflicts -- D. A Place for Precedent? -- Conclusion. PART II: Reforming the FDI Regime: Avenues to Consider -- 2.1 Considering Recalibration of International Investment Agreements: Empirical Insights -- Introduction -- A. The Impact of Procedural Rights: Integrity of the Dispute Resolution Process -- B. Adding Empiricism: Statistical Analysis to Assess Integrity of Procedural Investment Rights and Arbitration Outcomes -- C. Synthesis of Research Results and the Implications for Investment Agreements -- Conclusion -- 2.2 All Clear on the Investment Front: A Plea for a Restatement -- Introductory Remarks -- A. Trade and Investment: Hand in Hand -- B. Some Groundwork that was Never Done (A Plea for a Restatement) -- Concluding Remarks -- 2.3 Legal Developments in U.S. National Security Reviews of Foreign Direct Investment (2006-2008) -- Introduction -- A. U.S. Foreign Direct Investment Policy -- B. Concerns with the U.S. Investment Review Process -- C. Reforms to the U.S. Investment Review Process -- D. National Security -- Conclusion -- 2.4 Challenges and Prospects Facing the International Centre for Settlement of Investment Disputes -- Introduction -- A. Overview -- B. Challenges in Regard to the Independence and Governance of ICSID -- C. Challenges in Regard to ICSID's Growing Caseload -- D. Challenges from the Institutional Perspective -- E. Challenges in Regard to a Growing Jurisprudence -- Concluding Remarks -- 2.5 The Changing Political Economy of Foreign Investment: Finding a Balance Between Hard and Soft Forms of Regulation -- Introduction -- A. Sovereignty at Bay in the Digital Economy -- B. Regulating Foreign Investment -- C. Social Responsibility and Multinational Enterprises -- Conclusions: Toward a New System of Multilateral Governance -- 2.6 Multilateral Approaches to Investment: The Way Forward -- Introduction -- A. Lessons from the MAI -- B. Considerations for a New Multilateral Approach. Conclusions -- 2.7 The Future of International Investment Law: A Balance Between the Protection of Investors and the States' Capacity to Regulate -- Introduction -- A. Is There a Crisis in the System of International Investment Arbitration? -- B. The Possible Backlash to the Success of Investment Arbitration -- C. The Respective Roles of the Different Actors of the International Investment Arbitration System -- D. The Necessity of a Balancing of Interests -- 2.8 International Investment Rulemaking at the Beginning of the Twenty-First Century: Stocktaking and Options for the Way Forward -- Introduction -- A. Stocktaking of the Existing IIA Universe -- B. Challenges for Future International Investment Rulemaking -- Conclusion -- PART III: Report of the Rapporteur -- 3.1 Improving the International Investment Law and Policy System Report of the Rapporteur Second Columbia International Investment Conference : What's Next in International Investment Law and Policy? -- Introduction -- A. Challenges to the "Legitimacy" of Investor-State Arbitration -- B. The Way Forward -- Conclusion -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- R -- S -- T -- U -- V -- W -- Z.
With the growth of the global economy over the past two decades, foreign direct investment (FDI) laws, at both the national and international levels, have undergone rapid development in order to strengthen the protection standards for foreign investors. A network of international investment agreements has arisen as a way to address FDI growth. The Evolving International Investment Regime analyzes and discusses the existing challenges to the international investment regime, and addresses these challenges going forward. The content for the book is a compendium of articles by leading thinkers, originating from the International Investment Conference "What's New in International Investment Law and Policy?".
9780199878161
Investments, Foreign -- Law and legislation -- Congresses. International commercial arbitration -- Congresses.