This book explores the accountability mechanisms of the Community Driven Development (CDD) projects in provision of water-services to decentralised rural-Indonesia and examines how these mechanisms prevent or mitigate corruption risks. The analysis is based on three water supply community development programs in Indonesia. This book examines the selected projects accountability-mechanisms by analysing three key areas (factors): legitimacy, transparency and monitoring or oversight control. This book asserts that if the projects regulatory framework provides mechanisms of legitimacy, transparency and monitoring control at the community grass-roots level, this in turn can increase the responsiveness and accountability of the infrastructure providers and therefore prevent (more effectively) the risk of corruption. The core result attained from the research outlined in this book is that when projects include specific mechanisms of legitimacy, transparency and monitoring control, they improve accountability and tackle the corruption risk better. This book encourages bottom-up accountability, moving away from the developmental authoritarianism, and building projects of local adaptation, ownership and deep-rooted democratization.

The second edition of International Investment, Political Risk and Dispute Resolution explores the multi-layered legal framework for the protection of foreign investment against political risk. The authors expertly analyse some of the key issues surrounding this subject, such as structuring transactions to minimize political risk, political risk insurance, state responsibility, treaties protecting foreign investment, and international arbitration between states and investors. Since the previous edition was released in 2005, far more attention has been paid to these issues, in particular investor-state arbitration. All chapters have been revised to take into account the number of new arbitration awards that have come to light and the massive volume of commentary on the subject of international investment arbitration since the first edition. The authors have carefully considered the latest theoretical approaches to foreign investment protection and the most intellectually challenging awards issued in the intervening decade, as well as the most recent practical guidance on the procedural recourse available to investors who face political risks. This book is addressed to a wide audience, and is suitable as a primer for non-specialist practitioners seeking to familiarize themselves with international law pertaining to political risk. While appropriate for practitioner use, this book is also suitable for undergraduate students or for graduates who intend to specialize in international investment law.