- This book is currently unavailable for purchase
- Publisher: Cambridge University Press
- Online publication date: June 2023
- Print publication year: 2023
- Online ISBN: 9781009072144
- DOI: https://doi.org/10.1017/9781009072144
Much of the existing accounts assume that investment treaties affect national governance. However, how exactly this happens has been subject to little analysis. Conventional accounts presume that these treaties improve national governance, leading to good governance and the rule of law for all. Critical accounts charge that investment treaties unduly empower foreign investors and cause a regulatory chill. On both accounts, investment treaties are expected to empower and constrain. Comparing extended case studies of Argentina, the Czech Republic, India and Mexico, this book shows how investment treaties influence national governance ideologically, institutionally, and socially. We show how the overarching role of IIAs in national governance – to cultivate constraining discipline in public administration – is realised and who gets empowered and marginalised in the process. The book's findings will serve in the debates about alternative ways of economic governance and help explain the investment treaty regime's significant resistance to change.
Anthea Roberts - Professor at the School of Regulation and Global Governance (RegNet), Australian National University
Antoine Vauchez - CNRS Research Professor, Université Paris 1-Sorbonne
Gregory Shaffer - Chancellor's Professor, University of California, Irvine School of Law; President, American Society of International Law
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