Invesment law in a globalised enviroment: A proposal for a new foreign direct invesment regime in Zimbabwe
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Date
2017
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Western Cape
Abstract
Most developed countries that enjoy the lion's share of foreign investment do not have
domestic legal frameworks on foreign direct investment. This is because investors are
attracted by a holistic picture of these countries. Such countries have strong
institutions of governance, enjoy political and economic stability, embrace democracy,
have respect for rights, and have high levels of development - factors which attract
investors. In terms of regulation, many of these countries are heavily reliant on bilateral
investment treaties. However, this is not the case in developing countries such as
Zimbabwe. The existence of an effective and efficient legal framework on the
governance of foreign direct investment is an important consideration for investors.
This emanates from the fact that developing countries often have weak legal systems,
shaky economies and uncertain political environments.
Description
Magister Legum - LLM (Mercantile and Labour Law)
Keywords
Economic development, Bilateral investment treaties, Economic empowerment, Foreign direct investment, Globalisation, Indigenisation, Institutional framework, International investment agreements, International investment law, Investment reform