New PDF release: International Investment Agreements: Key Issues
By United Nations
ISBN-10: 9211126630
ISBN-13: 9789211126631
With the ascendancy of international direct funding (FDI) as one of many major components using overseas financial kin within the period of globalization, overseas funding rule-making has come to the leading edge of monetary international relations. it's this proliferation of foreign agreements addressing funding concerns and as a result the necessity to comprehend the problems which are raised of their negotiation that brought on UNCTAD to improve a chain of 27 booklets on matters in overseas funding Agreements (IIAs), which seeks to supply a balanced analyses of concerns that come up in negotiations and/or discussions of IIAs. those booklets are mixed during this three-volume compilation, with each one bankruptcy facing a particular factor.
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Extra info for International Investment Agreements: Key Issues
Example text
As already noted, in the first decades after the Second World War, most discussions on FDI dealt, expressly or by implication, with the exploitation of petroleum and other natural resources. In recent years, while investment in natural resources has remained important, concern has shifted to investments in manufacturing, services and high technology. The very perception of the investment process has changed, reflecting current realities of the world economy. As the Uruguay Round negotiations have made evident, the probl~rnatiqueof FDI and technology transfer has become more closely linked to that of international trade, in the sense that they are both increasingly perceived as intertwined modalities of operation in the international production process.
E. by and within other States) and may, through the exercise of diplomatic protection, invoke the rules concerning the responsibility of States for injuries to aliens and their property in violation of international law (Lillich, 1983; Sornarajah, 1994). The importance of customary rules and principles at the foundation of all international law cannot be gainsaid; yet their practical effectiveness, the possibility of their day-to-day use, is constrained by a number of factors: they are often not specific enough, their exact contents are not clear and definite, and they normally may be invoked only at the State level, thus requiring the mediation of the State of the investor's nationality.
Such instruments are increasingly important in FDI matters. Regional economic integration agreements are a significant subcategory.
International Investment Agreements: Key Issues by United Nations
by Kenneth
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