Article
Introduction: Yearbook on International Investment Law and Policy, 2008-2009
Yearbook on International Investment Law and Policy 2008-2009
(2009)
Abstract
The author gives an overview of a number of issues including the impact of the current financial crisis and recession on future FDI flows, the relationship between investor rights and regulatory discretion, and the effect of the increasing number of arbitral awards in investment disputes. Furthermore, he briefly discusses the rapid rise in energy demand and the key transformations reshaping the investment scene, increased attention to national security in the context of FDI, and specifically in IIAs, the costs and benefits of FDI for host (and home) countries and the attendant effect on national regulatory frameworks for such investment. Reluctance to entrust tribunals with wide interpretative authority indicates a move toward more circumscribed rights for investors on the one hand, and more flexibility for governments, in the form of a stronger right to regulate, on the other.
Disciplines
Publication Date
2009
Citation Information
Karl P. Sauvant, “Introduction: Yearbook on International Investment Law and Policy, 2008-2009,” in Karl P. Sauvant, ed., Yearbook on International Investment Law and Policy 2008-2009 (New York: Oxford University Press, 2009), pp. xxi-xxvii.