Chapter

Do BITs Really Work?: An Evaluation of Bilateral Investment Treaties and their Grand Bargain

Jeswald W. Salacuse and Nicholas P. Sullivan

in The Effect of Treaties on Foreign Direct Investment

Published in print April 2009 | ISBN: 9780195388534
Published online May 2009 | e-ISBN: 9780199855322 | DOI: https://dx.doi.org/10.1093/acprof:oso/9780195388534.003.0005
 Do BITs Really Work?: An Evaluation of Bilateral Investment Treaties and their Grand Bargain

Show Summary Details

Preview

This chapter assesses whether BITs have achieved their objectives. The first part of the chapter examines the historical movement to form BITs. The second part explores the goals motivating BITs, namely foreign investment protection, market liberalization, and foreign investment promotion. The next three parts assess the success of BITs in achieving each of these goals. The chapter concludes by considering the implications of the BIT movement for the further development of international investment law.

Keywords: bilateral investment treaty; foreign investment protection; market liberalization; investment promotion; international investment law

Chapter.  27668 words. 

Subjects: Public International Law

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.