Bounded Rationality and Economic Diplomacy: The Politics of Investment Treaties in Developing Countries

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Modern investment treaties give private arbitrators power to determine whether governments should pay compensation to foreign investors for a wide range of sovereign acts. In recent years, particularly developing countries have incurred significant liabilities from investment treaty arbitration, which begs the question why they signed the treaties in the first place. Through a comprehensive and timely analysis, this book shows that governments in developing countries typically overestimated the economic benefits of ...

Bounded Rationality and Economic Diplomacy: The Politics of Investment Treaties in Developing Countries 2015, Cambridge University Press, Cambridge

ISBN-13: 9781107119536

Hardcover

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