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2024 | OriginalPaper | Buchkapitel

3. Calvo is Back! Changing Sovereignty and Evolutionary Investment Law in a Leaving and Return of the State Paradigm

verfasst von : Wei Shen, Shuo Feng

Erschienen in: International Investment Law at the Juncture

Verlag: Springer Nature Singapore

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Following the structural transformation of the global economic development model along with global economic liberalization, transnational investment has turned into a vital driving force accelerating the pace of economic globalization. As the trend of de-globalization unfolds, however, the modern international investment law regime is currently undergoing structural changes and has increasingly drawn global attention. Unlike other transnational economic activities such as international trade, international investment not merely concerns the private interests of investors but relates to the economic interests of capital importing and exporting states. Hence, the modern international investment law regime premised on international investment agreements (IIAs) has its main content developed and evolving on the basis of the triangular relationship among host states, home states, and investors and the dual dimensions of public–private. The institutional development and structural constraints of the entire investment governance regime essentially cannot be separated from the dynamic balance among the interests of the three players and the private–public dimensions.¹ …

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Titel: Calvo is Back! Changing Sovereignty and Evolutionary Investment Law in a Leaving and Return of the State Paradigm
verfasst von: Wei Shen
Shuo Feng
Verlag: Springer Nature Singapore
Buch: International Investment Law at the Juncture
Print ISBN: 978-981-9721-82-5

Electronic ISBN: 978-981-9721-83-2

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-981-97-2183-2_3

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