Journal article

On foreign investor 'Privilege' and the limits of the law: A reply to ivar alvik

J Kurtz

European Journal of International Law | Published : 2020


International investment treaties are structurally characterized by inherent asymmetry in the (non-relative) legal protections extended to foreign investors vis-à-vis domestic companies and nationals. For many lawyers, 'foreign privilege' is deeply problematic as it violates a foundational legal principle - namely, equality before the law. Yet law and law alone cannot always offer a definitive answer of this sort. At the very least, legal hypotheses should be rigorously tested against insights from other disciplines that can offer sharp analytical light on the complex contours of a given phenomenon. In this reply, I explore the political economy of host state policy as it is formed against t..

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University of Melbourne Researchers