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The Logic of DisciplineGlobal Capitalism and the Architecture of Government$
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Alasdair Roberts

Print publication date: 2010

Print ISBN-13: 9780195374988

Published to Oxford Scholarship Online: May 2010

DOI: 10.1093/acprof:oso/9780195374988.001.0001

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Protecting Capital

Protecting Capital

Independent Regulators and Super Courts

Chapter:
(p.97) 6 Protecting Capital
Source:
The Logic of Discipline
Author(s):

Alasdair Roberts (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195374988.003.0006

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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