Entrenching the right to regulate in the international investment legal framework: The African experience
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Date
2019
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of Western Cape
Abstract
The existing traditional international investment law regime which is largely based on
the conventional European and North American Model Bilateral Investment Treaties
(BITs) has come under intense criticism. The argument is that this regime, among
other things, prioritises the protection of foreign investors and investments while sidelining significant public interest issues of the host countries. The inability to adequately
accommodate public interest issues in the international investment law has unduly
constrained the host countries’ sovereign right to regulate investments in public
interests and pursue their public policy objectives.
Description
Doctor Legum - LLD
Keywords
Bilateral investment treaty, Economic development, Foreign direct investment, International investment agreements, International investment law