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The Effect of Treaties on Foreign Direct InvestmentBilateral Investment Treaties, Double Taxation Treaties, and Investment Flows$
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Karl P. Sauvant and Lisa E. Sachs

Print publication date: 2009

Print ISBN-13: 9780195388534

Published to Oxford Scholarship Online: May 2009

DOI: 10.1093/acprof:oso/9780195388534.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 11 November 2019

Do BITs Really Work?: An Evaluation of Bilateral Investment Treaties and their Grand Bargain

Do BITs Really Work?: An Evaluation of Bilateral Investment Treaties and their Grand Bargain

Chapter:
(p.109) 5. DO BITS REALLY WORK?: AN EVALUATION OF BILATERAL INVESTMENT TREATIES AND THEIR GRAND BARGAIN
Source:
The Effect of Treaties on Foreign Direct Investment
Author(s):

Jeswald W. Salacuse

Nicholas P. Sullivan

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195388534.003.0005

This chapter assesses whether BITs have achieved their objectives. The first part of the chapter examines the historical movement to form BITs. The second part explores the goals motivating BITs, namely foreign investment protection, market liberalization, and foreign investment promotion. The next three parts assess the success of BITs in achieving each of these goals. The chapter concludes by considering the implications of the BIT movement for the further development of international investment law.

Keywords:   bilateral investment treaty, foreign investment protection, market liberalization, investment promotion, international investment law

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