Protecting Capita
Independent Regulators and Super Courts
This chapter focuses on the creation of new independent regulatory agencies and signing of thousands of bilateral investment treaties during the era of liberalization. This was another massive experiment with the logic of discipline. But the experiment did not always produce the expected results. Governments sometimes escaped the constraints they had promised to honor. And where constraints continued to bind, troubling questions about the corrosion of democratic governance were raised.
Keywords: foreign investment, foreign investors, bilateral investment treaties, independent regulatory agencies, economic liberalization
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