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The Right to Regulate in International Investment Law (eBook)


ISBN13: 9781782253976
Published: June 2014
Publisher: Hart Publishing
Country of Publication: UK
Format: eBook (ePub)
Price: Out of print
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Since the inception of the international investment law system, investment promotion and protection have been the raison d'être of investment treaties and states have confined their policy space in order to attract foreign investment and protect their investors abroad.

Languishing in relative obscurity until recently, the right to regulate has gradually come to the spotlight as a key component of negotiations on new generation investment agreements around the globe. States and regional organisations, including, notably, the European Union and the United States, have started to examine ways in which to safeguard their regulatory power and guide - and delimit - the interpretive power of arbitral tribunals, by reserving their right to pursue specific public policy objectives.

The monograph explores the status quo of the right to regulate, in order to offer an appraisal and a reference tool for treatymakers, thus contributing to a better understanding of the concept and the broader discourse on how to enhance the investment law system's legitimacy.

Same book as ISBN 9783848710621

Subjects:
eBooks, International Investment Law
Contents:
I. Introduction
II. The right to regulate: general observations
III. The right to regulate in context
IV. The rationale for inserting a right to regulate
V. Types of regulatory interests
VI. Positive language on regulatory interests
VII. The right to regulate in IIAs
VIII. A. The nexus requirement B. 'The State considers' - Self-Judging clauses
X. The right to regulate beyond IIAs in general international law
XI. Arbitral jurisprudence on the right to regulate (beyond IIAs and general international law) and the question of an implicit right to regulate
VI. Conclusion