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Books > Business & Economics > Economics > International economics > International trade
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Foreign Investment, International Law and Common Concerns (Hardcover, New)
Loot Price: R4,745
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Foreign Investment, International Law and Common Concerns (Hardcover, New)
Series: Routledge Research in International Economic Law
Expected to ship within 12 - 17 working days
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Increasingly, transnational corporations, developed countries and
private actors are broadening the boundaries of their investments
into new territories, in search of a higher return on capital. This
growth in direct foreign investment involves serious concerns for
both the investor and host state. Various exponents of
international civil society and non-governmental organisations
persuasively claim that such growth in foreign investments
constitutes potential and serious hazards both to the environment
and the fundamental rights and freedoms of local populations. This
book explores from an international law perspective the complex
relationship between foreign investments and common concerns, i.e.
values that do not coincide, or do not necessarily coincide, with
the interests of the investor and of the host state. It pays
particular attention to the role of the main international
development banks in reconciling the needs of foreign investors
with the protection of common concerns, such as the environment,
human rights and labour rights. Among its collection of essays, the
volume asks how much "regulatory space" investment law leaves;
whether international investment law is an effective means of
balancing contrasting interests, and whether investment arbitration
currently constitutes a mechanism of global governance. In
collecting the outlooks of various experts in human rights,
environmental and international economic law, this book breaks new
ground in exploring how attention to its legal aspects may help in
navigating the relationship between foreign investment and common
concerns. In doing so, the book provides valuable insights into the
substantive issues and institutional aspects of international
investment law.
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