Nicolas Perrone
The international investment regime and local populations: are the weakest voices unheard?
Perrone, Nicolas
Authors
Abstract
The laws that govern the allocation and use of resources can not only annihilate individual property rights but also destroy community. Locals’ participation in decisions about property is therefore vital. This article argues that local populations currently have a limited voice in foreign investment decisions, and that the international investment regime contributes to this unfair result. The interpretation of investment tribunals, according to international investment treaties, relies on reasoning that promotes the calculability of investments and the trust of foreign investors above all. Often, this interpretation threatens other property rights and community values. This article illustrates these dangers using the cases of Aguas del Tunari v. Bolivia and Chevron v. Ecuador. It concludes by suggesting that international law can be part of a solution to these problems; but for that, we need to give local populations a meaningful role in foreign investment governance.
Citation
Perrone, N. (2016). The international investment regime and local populations: are the weakest voices unheard?. Transnational Legal Theory, 7(3), 383-405. https://doi.org/10.1080/20414005.2016.1242249
Journal Article Type | Article |
---|---|
Acceptance Date | Oct 20, 2016 |
Online Publication Date | Oct 21, 2016 |
Publication Date | Oct 21, 2016 |
Deposit Date | Oct 20, 2016 |
Publicly Available Date | Apr 21, 2018 |
Journal | Transnational Legal Theory |
Print ISSN | 2041-4005 |
Electronic ISSN | 2041-4013 |
Publisher | Taylor and Francis Group |
Peer Reviewed | Peer Reviewed |
Volume | 7 |
Issue | 3 |
Pages | 383-405 |
DOI | https://doi.org/10.1080/20414005.2016.1242249 |
Public URL | https://durham-repository.worktribe.com/output/1372321 |
Files
Accepted Journal Article
(483 Kb)
PDF
Copyright Statement
This is an Accepted Manuscript of an article published by Taylor & Francis Group in Transnational legal theory on 21/10/2016, available online at: http://www.tandfonline.com/10.1080/20414005.2016.1242249.
You might also like
International Economic Law’s Wreckage: Depoliticization, Inequality, Precarity
(2019)
Book Chapter
Downloadable Citations
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search