Banking / Finance

Yearbook on International Investment Law & Policy 2011-2012

By Karl P. Sauvant
Oxford University Press USA March 2013

Specifications

ISBN-13
9780199983025
Publisher
Oxford University Press USA
Publication
March 2013
Format
Hardback , 832 pages
Jurisdiction
International ? Countri(es) for reference only

Details

  • The only annual publication to provide an overview of current developments in the global international investment law and policy field, providing authoritative information that can be used by a wide audience
  • Provides up-to-date information that practitioners can use to understand trends as well as monitor and advise clients regarding FDI regulatory developments
  • Informs academics, researchers and government officials about the state of the debate on key issues in their field

Today, international investment law consists of a network of multifaceted, multilayered international treaties that, in one way or another, involve virtually every country of the world. The evolution of this network raises a host of issues regarding international investment law and policy, especially in the area of international investment disputes. This Yearbook monitors current developments in international investment law and policy, focusing on recent trends and issues in foreign direct investment (FDI). It then discusses regulatory and policy developments regarding FDIs in extractive industries, with an additional focus on the extent of protection afforded by international investment treaties. With contributions by leading experts in the field, this title provides timely, authoritative information on FDI that can be used by a wide audience, including practitioners, academics, researchers, and policy makers.

The Yearbook on International Investment Law & Policy 2011-2012 monitors current developments in international investment law and policy, focusing on recent trends and issues in foreign direct investment. It also discusses regulatory and policy developments regarding FDIs in extractive industries, with an additional focus on the extent of protection afforded by international investment treaties.

Readership: Practitioners, academics, researchers, and policy makers.

Table of Contents

Foreword by Brigitte Stern
Preface by the Editorial Committee
PART ONE
1. FDI trends in 2010-2011 and the challenge of investment policies for outward foreign direct investment
Persephone Economou and Karl P. Sauvant
2. International investment law and arbitration: 2011 in review
Ian A. Laird, Borzu Sabahi, Frédéric G. Sourgens, and Nicholas J. Birch
3. Trends in international investment agreements, 2010/2011: The increasing complexity of international investment law
Stephan W. Schill and Marc Jacob
PART TWO
SYMPOSIUM ON REGULATORY AND POLICY DEVELOPMENTS REGARDING FDI IN EXTRACTIVE INDUSTRIES
Introduction to symposium on regulatory and policy developments regarding FDI in extractive industries
Erlend Bakken and Andrea K. Bjorklund
4. The International Bar Association Model Mine Development Agreement project: A step toward better practice and better development results
Luke J. Danielson and Mark D. Phillips
5. Legal mechanisms for increased transparency in the extractive industries
Tonje P. Gormley
6. Reconfiguring investment contracts to promote sustainable development
Lorenzo Cotula and Kyla Tienhaara
7. Reflections on sovereignty over natural resources and the enforcement of stabilization clauses
Peter D. Cameron
8. Impacts of fiscal reforms on country attractiveness: Learning from the facts
Lisa E. Sachs, Perrine Toledano, Jacky Mandelbaum, with James Otto
9. Arbitration in long-term international petroleum contracts: The <"internationalization>" of the applicable law
Ivar Alvik
GENERAL ARTICLES
10. The Argentine annulments: The uneasy application of ICSID article 52 in parallel claims
Leah D. Harhay
11. How may tribunals apply the customary necessity rule the Argentine cases? An analysis of ICSID decisions with respect to the interaction between article XI of the U.S.-Argentina BIT and the customary rule of necessity
Javier El-Hage
12. Leviathan on life-support? Restructuring sovereign debt and international investment protection after Abaclat
Michael D. Nolan, Frédéric G. Sourgens, and Hugh Carlson
13. Standards of review and reviewing standards: Public interest regulation in international investment law
Rahim Moloo and Justin M. Jacinto
14. How to impose human rights obligations on corporations under investment treaties? Pragmatic guidelines for the amendment of BITs
Patrick Dumberry and Gabrielle Dumas-Aubin
15. Upholding corrupt investors>' claims against complicit or compliant host states DLWhere angels should not fear to tread
Kevin Lim
16. An economic analysis of the substantive protections provided by investment treaties
Jonathan Bonnitcha and Emma Aisbett
17. Converging divergences: The rise of Chinese outward foreign investment and its implications for international (investment) law
Valentina S. Vadi
SPECIAL SECTION
WINNING MEMORIALS FROM THE 2011 FOREIGN DIRECT INVESTMENT INTERNATIONAL MOOT COMPETITION (FDI MOOT)
Winning Claimant Memorial: University of Barcelona
Winning Respondent Memorial: King>'s College London

About the Author

Karl P. Sauvant, Executive Director of the Columbia University Program on International Investment and a Research Scholar and Lecturer in Law, Columbia Law School

Karl P. Sauvant is the Executive Director of the Vale Columbia Center on Sustainable International Investment and a Research Scholar and Lecturer in Law, Columbia Law School.

 

Contributors: 
Karl P. Sauvant, Editor
Wouter P.F. Schmit Jongbloed, Managing Editor

ADVISORY BOARD
José E. Alvarez, New York University School of Law, New York City
George A. Bermann, Columbia Law School, New York City
Rudolf Dolzer, University of Bonn, Bonn
Ahmed S. El Kosheri, Kosheri, Rashed and Riad, Cairo
Emmanuel Gaillard, Shearman & Sterling LLP, Paris
Michael Hwang, SC, Barrister & Arbitrator, Singapore
Gabrielle Kaufmann-Kohler, University of Geneva Law School, Geneva
Carolyn B. Lamm, White & Case LLP, Washington, D.C.
Andreas F. Lowenfeld, New York University School of Law, New York City
Petros C. Mavroidis, Columbia Law School, New York City
Theodore H. Moran, Georgetown School of Foreign Service, Washington, D.C.
Jan Paulsson, Freshfields Bruckhaus Deringer LLP, Paris
Daniel M. Price, Rock Creek Global Advisors LLC, Washington, D.C.
W. Michael Reisman, Yale Law School, New Haven
Manfred Schekulin, Austrian Federal MInistry of Economy, Family, and Youth, Vienna
Christoph Schreuer, Wolf Theiss, Vienna
Stephen M. Schwebel, Independent Arbitrator and Counsel, Washington, D.C.
Muthucumaraswamy Sornarajah, National University Singapore Law School, Singapore
Detlev F. Vagts, Harvard Law School, Cambridge
Francisco Orrego Vicuña, Heidelberg Center, Santiago
Louis T. Wells, Harvard Business School, Boston

EDITORIAL COMMITTEE
Andrea K. Bjorklund, University of California David School of Law, Davis
Abby Cohen Smutny, White & Case LLP, Washington, D.C.
Peter Muchlinski, School of Oriental and African Studies Law School, London
Ucheora Onwuamaegbu, Kuwait National Focal Point
Federico Ortino, King's College London, School of Law, London

EDITORIAL STAFF 
Senami Houndete
Angelina LIang
Oyebanke Oyeyinka
Aurore Bouyer

CONTRIBUTORS

Emma Aisbett, Junior Professor, Hamburg University
Ivar Alvik, Associate Professor, Scandinavian Institute of Maritime Law, Department for Petroleum and Energy Law, Faculty of Law at the University of Oslo
Erlend Bakken, Partner, Arntzen de Besche, Oslo
Nicholas J. Birch, Associate, Stewart & Stewart
Andrea K. Bjorklund, Professor of Law, University of California, Davis; Visiting Professor, McGill University Faculty of Law
Jonathan Bonnitcha, ERSC Postdoctoral Fellow, London School of Economics and Political Science
Peter D. Cameron, Professor of International Energy Law and Director, Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee, Scotland, UK
Hugh Carlson, Associate, Milbank, Tweed, Hadley & McCloy LLP, Washington, D.C.
Lorenzo Cotula, Senior Researcher, International Institute for Environment and Development
Luke J. Danielson, President, Sustainable Development Strategies Group
Gabrielle Dumas-Aubin, Quebec Bar student, Fraser Milner Casgrain LLP, Montréal, Canada
Patrick Dumberry, Assistant Professor, University of Ottawa
Persephone Economou, Consultant, Multilateral Investment Guarantee Agency, World Bank
Tonje Pareli Gormley, Associate, Arntzen de Besche Advokatfirma AS, Oslo, Norway
Javier El-Hage, International Legal Director, Human Rights Foundation
Leah D. Harhay, Of Counsel, Jones Day, San Francisco
Justin M. Jacinto, Associate, Curtis Mallet-Prevost LLP
Marc Jacob, Senior Research Fellow, Max Planck Institute for Comparative Public Law and International Law
Ian A. Laird, Special Legal Consultant, Crowell & Moring LLP, Washington, D.C.
Kevin Lim, Advocate and Solicitor, Supreme Court of Singapore
Jacky Mandelbaum, Lead Law and Policy Researcher, Vale Columbia Center for Sustainable International Investment
Rahim Moloo, General Counsel, University of Central Asia; Senior Research Fellow, Vale Columbia Center on Sustainable International Investment; Co-Chair, American Society of International Law Private International Law Interest Group
Michael D. Nolan, Partner, Milbank, Tweed, Hadley & McCloy LLP
James Otto
Mark D. Phillips, Research Fellow, Sustainable Development Strategies Group
Borzu Sabahi, Associate, Curtis Mallet-Prevost Colt & Mosle LLP
Lisa E. Sachs, Director, Vale Columbia Center on Sustainable International Investment
Karl P. Sauvant, Resident Senior Fellow, Vale Columbia Center on Sustainable International Investment; Senior Research Scholar and Adjunct Lecturer-in-Law, Columbia Law School; Guest Professor, Nankai University, China
Stephan W. Schill, Senior Research Fellow, Max Planck Institute for Comparative Public Law and International Law
Frédéric G. Sourgens, Associate Professor of Law, Washburn University School of Law
Brigitte Stern, Professor Emeritus, University of Paris I - Panthéon-Sorbonne
Kyla Tienhaara, Research Fellow, Regulatory Institutions Network; co-Director, Climate and Environmental Governance Network, Australian National University
Perrine Toledano, Lead Economics and Policy Researcher, Vale Columbia Center on Sustainable International Investment
Valentina S. Vadi, Marie Curie Postdoctoral Fellow, Maastricht University

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