The International Law on Foreign Investment

by M. Sornarajah

Overview

The climate surrounding foreign investment law is one of controversy and change, and with implications for human rights and environmental protection, foreign investment law has gained widespread public attention and visibility. This fully updated edition of Sornarajah's classic text offers thought-provoking analysis of the law in historical, political and economic contexts, capturing leading trends and charting the possible course of future developments. It takes into account the newer types of treaties that establish a regulatory space for states and moves away from inflexible investment protection, exploring the newly created defences relating to environment, human rights, indigenous rights and other areas ending the fragmentation of the law. It looks at the current debates on legitimacy of the system and current efforts at reform. Suitable for postgraduate and undergraduate students, The International Law on Foreign Investment is essential reading for anyone specialising in the law of foreign investments.

Product Details

ISBN-13:	9781108730860
Publisher:	Cambridge University Press
Publication date:	07/01/2021
Edition description:	5th Revised ed.
Pages:	696
Product dimensions:	6.69(w) x 9.61(h) x 1.30(d)

About the Author

M. Sornarajah is C. J. Koh Professor at the Faculty of Law of the National University of Singapore and Visiting Professor at the Centre for Human Rights, London School of Economics.

Table of Contents

1. Introduction; 2. The shaping factors; 3. Controls by the host state; 4. The liability of multinational corporations and home state measures; 5. Bilateral investment treaties; 6. Multilateral and regional instruments on foreign investment; 7. Settlement of investment disputes: contract-based arbitration; 8. Treaty-based investment arbitration: jurisdictional issues; 9. Causes of action: breaches of treatment standards; 10. The taking of foreign property; 11. Compensation for nationalisation of foreign investments; 12. Defences to responsibility; Bibliography; Index.

Editorial Reviews

"This is a very interesting book and a ‘must' for any international law student or lawyer interested in the international law on foreign investment." ICSID Review

"The strength of this text is in its continued focus and detailed analysis of the various substantive standards of investment protection found in investment treaties." World Trade Review Jurgen Kurtz, The University of Melbourne

From the Publisher