The Effect of Treaties on Foreign Direct Investment
Bilateral Investment Treaties, Double Taxation Treaties, and Investment Flows
Karl P Sauvant author Lisa E Sachs author
Format:Hardback
Publisher:Oxford University Press Inc
Published:2nd Apr '09
Currently unavailable, and unfortunately no date known when it will be back
In recent years, the treaties and strategies promoting global investment have changed dramatically. The widespread liberalization of economic policy has effectively spurred an increase in foreign direct investment (FDI). By encouraging foreign investors to enter international markets, many countries are witnessing exponential growth within their economies and local industries. The surge of FDI not only brings capital for emerging or growing industries, but it is also capable of boosting the country's economy by creating greater access to financing, more job opportunities, and potential knowledge and technology spillovers. The basic purpose of concluding bilateral investment treaties (BITs) and double taxation treaties (DTTs) is to signal to investors that investments will be legally protected under international law in case of political turmoil and to mitigate the possibility of double taxation of foreign entities. But the actual effect of BITs and DTTs on the flows of foreign direct investment is debatable. The Effect of Bilateral Investment Treaties and Double Taxation Treaties on Foreign Direct Investment Flows is a comprehensive assessment of the performance of these treaties, and presents the most recent literature on BITs and DTTs and their impact on foreign investments.
A comprehensive overview of the state-of-the-art within the literature on IIAs and FDI... the volume is a valuable point of reference for scholars and practitioners alike. * Lauge Skovgaard Poulsen, London School of Economics, European Journal of International Law, Vol 20 No.3, August 2009 *
Sachs and Sauvant have assembled a collection of rigorous, and at times competing, studies on a timely and challenging subject. The book provides an exceptionally close look at the relationship between treaties and foreign direct investment-an important issue of great interest to practitioners, scholars and policymakers alike. * Mark E. Feldman, ICSID Review, Foreign Investment Law Journal *
ISBN: 9780195388534
Dimensions: 166mm x 235mm x 48mm
Weight: 1247g
800 pages