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Critical Theory and Practice in International Economic Law and the New Global Governance Read chapter Read first chapter

2016 | OriginalPaper | Chapter

Karl Sauvant and Federico Ortino, Improving the International Investment Law and Policy Regime: Options for the Future

Helsinki: Ministry for Foreign Affairs of Finland, 2013; ISBN 978-952-281-217-9

Author : Julien Chaisse

Published in: European Yearbook of International Economic Law 2016

Publisher: Springer International Publishing

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Abstract

The e-book published in 2013 by Karl Sauvant (Columbia University) and Federico Ortino (King’s College London) is an important addition to the literature on international investment law. In a nutshell, this book’s contribution is to outline the key features of the international investment regime, identify drivers of change, discuss critical issues, and describe some proposals for reform of the regime. The present review will focus on the suggestions put forward by Sauvant and Ortino and the challenges facing their design and implementation.

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previous chapter Thomas Cottier, Rosa M. Lastra, Christian Tietje, Lucía Satragno (Eds.), The Rule of Law in Monetary Affairs: World Trade Forum
next chapter Diane Desierto, Public Policy in International Economic Law: The ICESCR in Trade, Finance, and Investment
Footnotes
1
Several developing countries, such as the People’s Republic of China (PRC), India, and Korea, represent both the capital-exporting and capital-importing nations. See Ranjan (2014), p. 419, 429–430; Congyan (2009), p. 457, 499; Bath and Nottage (2011).
 
2
See Alvarez (2009), p. 943, 957–959. The purpose of the BIT is to encourage the FDI between the two State-Parties, which hopefully leads to economic growth for both state-parties. On the economic impact of IIAs, see generally Chaisse and Bellak (2015).
 
3
See Choi (2007), p. 725, 731. See also Chaisse (2013), p. 332, 334–35.
 
4
Sauvant K and Ortino F (2013) Improving the International Investment Law and Policy Regime—Options for the Future. Ministry of Foreign Affairs of Finland, Helsinki, p. 88.
 
5
Sauvant K and Ortino F (2013) Improving the International Investment Law and Policy Regime—Options for the Future. Ministry of Foreign Affairs of Finland, Helsinki, p. 92.
 
6
Sauvant K and Ortino F (2013) Improving the International Investment Law and Policy Regime—Options for the Future. Ministry of Foreign Affairs of Finland, Helsinki, p. 112.
 
7
See Sauvant K and Ortino F (2013) Improving the International Investment Law and Policy Regime—Options for the Future. Ministry of Foreign Affairs of Finland, Helsinki, p. 136.
 
Literature
Alvarez JE (2009) Contemporary foreign investment law: an “empire of law” or the “law of empire”? Ala Law Rev 60(4):943–976
Bath V, Nottage L (eds) (2011) Foreign investment and dispute resolution law and practice in Asia. Routledge, London
Chaisse J (2013) Exploring the confines of international investment and domestic health protections—general exceptions clause as a forced perspective. Am J Law Med 39:332–360
Chaisse J, Bellak C (2015) Navigating the expanding universe of investment treaties—creation and use of critical index. J Int Econ Law 18(1):79–115CrossRef
Choi WM (2007) The present and future of investor state dispute paradigm. J Int Econ Law 10(3):725–747CrossRef
Congyan C (2009) China-US BIT negotiations and the future of investment treaty regime. J Int Econ Law 12(2):457–506CrossRef
Ranjan P (2014) India and bilateral investment treaties—a changing landscape. ICSID Rev 9(2):419–450CrossRef
Metadata
Title
Karl Sauvant and Federico Ortino, Improving the International Investment Law and Policy Regime: Options for the Future
Author
Julien Chaisse
Copyright Year
2016
Book
European Yearbook of International Economic Law 2016

Print ISBN: 978-3-319-29214-4

Electronic ISBN: 978-3-319-29215-1

Copyright Year: 2016

DOI
https://doi.org/10.1007/978-3-319-29215-1_37