Governments throughout the world have sought, and are seeking, to attract foreign direct investment and, for that purposed, have liberalized their national regulatory frameworks for FDI and established a strong international investment law regime. However, there are signs that, as a result of a number of important developments

(which are being discussed in some detail in this chapter), governments are reevaluating their stance toward FDI, or at least certain types of it. This re-evaluation has found its expression in a number of regulatory changes that may eventually lead to a regime that balances the rights of investors and host countries in a manner that

places more emphasis on maintaining policy space for host country governments while still protecting foreign investors.