India and bilateral investment treaties :
Ranjan, Prabhash,
India and bilateral investment treaties : refusal, acceptance, backlash / Prabhash Ranjan. - First edition. - xxxiii, 378 pages ; 22 cm
Includes bibliographical references and index.
As a consequence of being sued by more than 20 foreign investors, India terminated close to 60 investment treaties and adopted a new Model Bilateral Investment Treaty (BIT) purportedly to balance investment protection with the host State’s right to regulate. This book is a critical study of India’s approach towards BITs and traces their origin, evolution, and the current state of play. It does so by locating them in India’s economic policy in general and policy towards foreign investment in particular.
India’s approach towards BITs and policy towards foreign investment were consistent with each other in the periods of economic nationalism (1947–1990) and economic liberalism (1991–2010). However, post 2010, India’s approach to BITs has become protectionist while India’s foreign investment policy continues to be liberal. To balance investment protection with the State’s right to regulate, India needs to evolve its BIT practice based on the twin framework of international rule of law and embedded liberalism.
9780199493746 019949374X
2019286334
GBB9B2395 bnb
019444337 Uk
Investments, Foreign--Law and legislation--India.
Investments, Foreign (International law)
Economic policy.
International economic relations.
Investments, Foreign (International law)
Investments, Foreign--Law and legislation.
India--Economic policy.
India--Foreign economic relations.
India.
HG5732 / .R315 2019
346.54092 / RAN
India and bilateral investment treaties : refusal, acceptance, backlash / Prabhash Ranjan. - First edition. - xxxiii, 378 pages ; 22 cm
Includes bibliographical references and index.
As a consequence of being sued by more than 20 foreign investors, India terminated close to 60 investment treaties and adopted a new Model Bilateral Investment Treaty (BIT) purportedly to balance investment protection with the host State’s right to regulate. This book is a critical study of India’s approach towards BITs and traces their origin, evolution, and the current state of play. It does so by locating them in India’s economic policy in general and policy towards foreign investment in particular.
India’s approach towards BITs and policy towards foreign investment were consistent with each other in the periods of economic nationalism (1947–1990) and economic liberalism (1991–2010). However, post 2010, India’s approach to BITs has become protectionist while India’s foreign investment policy continues to be liberal. To balance investment protection with the State’s right to regulate, India needs to evolve its BIT practice based on the twin framework of international rule of law and embedded liberalism.
9780199493746 019949374X
2019286334
GBB9B2395 bnb
019444337 Uk
Investments, Foreign--Law and legislation--India.
Investments, Foreign (International law)
Economic policy.
International economic relations.
Investments, Foreign (International law)
Investments, Foreign--Law and legislation.
India--Economic policy.
India--Foreign economic relations.
India.
HG5732 / .R315 2019
346.54092 / RAN