The Protection of Foreign Investment in Times of Armed Conflict
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Product details:
- Publisher OUP Oxford
- Date of Publication 24 October 2019
- ISBN 9780198830375
- Binding Hardback
- No. of pages312 pages
- Size 241x163x23 mm
- Weight 654 g
- Language English 0
Categories
Short description:
Foreign investors often sustain injuries during international armed conflicts. This book sets out to explore how effective investment treaty protections really are. It designs an analytical framework that purports to explain and evaluate how effective and appropriate the application of the investment treaty regime is in times of armed conflict.
MoreLong description:
Foreign investors often sustain injuries during violent situations, such as riots, revolutions, civil wars, and international armed conflicts. There is a great deal of uncertainty about how effective investment treaty protections are in volatile times, how they relate to other applicable legal frameworks, and how they affect the state security policy and the post-conflict transition to peace.
This book explores how foreign investment is protected in times of armed conflict under the investment treaty regime. It does so by combining insights from different areas of international law, including international investment law, international humanitarian law, international human rights law, the law of state responsibility, and the law of treaties. While the protections have evolved over time, with the investment treaty regime providing the strongest legal framework for protecting investors yet, there has been an apparent shift in treaty practice towards safeguarding a state's security interests.
Jure Zrilic identifies and analyses the flaws in the existent normative framework, but also highlights the potential that investment treaties have for minimising the devastating effects of armed conflict. The book offers an analytical framework for assessing the investment treaty regime in times of armed conflict, distinguishing between different paradigms and different types of conflicts. Crucially, he argues that a new approach is needed to appropriately balance the competing interests of host states and investors when it comes to investment protection in armed conflicts.
Dr. Jure Zrilic's monograph is perfectly timed and makes an important contribution to this area. The author presents this topic at the outset as one that has at its heart the familiar balance between investor certainty and stability, on one hand, and the State's right to protect its security interests, on the other (p. 6). The monograph navigates the different aspects of this balance in a clear and persuasive way, looking at the different ways in which armed conflict or unrest might affect the application or content of international investment law, as well as the State's responsibility for inconsistent conduct.
Table of Contents:
Introduction
Legal Frameworks for the Protection of Foreign Investment in Times of Armed Conflict
The Effects of Armed Conflicts on Investment Treaties
Investment Treaty Protections against Conflict-Related Injuries
Host State's Defences against Conflict-Related Investment Claims
The Interplay of Investment Law and International Humanitarian Law
Investment Treaty Claims and Post-Conflict Justice
Conclusion