General Interests of Host States in International Investment Law

Giorgio Sacerdoti

May 2014 · Cambridge International Trade and Economic Law Book 13 · Cambridge University Press

Ebook

479

Pages

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About this ebook

Signatory States have the right to take action in order to maintain their financial stability, stimulate economic development or further their non-economic interests (such as health, the environment and food security). However, such measures can potentially conflict with the rights of foreign investors. Regulators and policy makers must take States' international commitments toward foreign investors into account when making decisions. They must also avoid resorting to protectionism in drafting new treaties. With this tension in mind, this book offers a balanced reappraisal of bilateral treaties and regional agreements on foreign investments. The sensitive issues are examined in the light of the case law of arbitral investment tribunals and other international courts, and the analysis highlights how cross-fertilisation between trade and investment can assist in resolving conflicts.

About the author

Giorgio Sacerdoti is Professor of International Law at Bocconi University, Milan, Italy, where he also holds the Jean Monnet Chair in European Law. He is an internationally recognized expert on both investment and trade law, having been both a member of the WTO Appellate Body and an investment arbitrator at ICSID.

Pia Acconci is an Associate Professor of International Law at the University of Teramo, Italy, where her research focuses on the social responsibility of multinational companies and the relationship between international regulation of trade and investment and non-economic matters such as the protection of public health.

Mara Valenti is a lecturer in international law at the Department of International Relations, University of Milan, Italy. Her teaching focuses on trade and investment law, and she also researches the fair and equitable treatment of foreign investors under bilateral treaties.

Anna De Luca is a researcher at Bocconi University, Milan, Italy, where her research centres on the admissibility of class actions in investment disputes and on the new competence of the European Union in the field of investment.

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