The Nature and Enforcement of Investor Rights under Investment Treaties: Do Investment Treaties Have a Bright Future

Authors

Susan Franck, American University Washington College of LawFollow

Document Type

Article

Publication Date

Fall 2005

Journal

U.C. Davis Journal of International Law & Policy

Volume

12

Issue

1

First Page

47

Last Page

100

Abstract

The number of investment treaties has surged in the past decade. Even now, the United States and Canada are actively engaged in programs designed to facilitate the completion of multilateral treaties such as the Dominican Republic-Central American Free Trade Agreement (CAFTA-DR) and Bilateral Investment Treaties (BITs). These investment treaties act like economic bills of rights, which grant foreign investors substantive protections and procedural rights to facilitate investment. Sovereigns, meanwhile, may benefit from these treaties by obtaining increased foreign direct investment, which may promote the development of their country's infrastructure 6 and offer citizens basic services including access to clean water, electricity and roads.

Comments

Symposium: Romancing the Foreign Investor: BIT by BIT

Recommended Citation

Susan Franck, The Nature and Enforcement of Investor Rights under Investment Treaties: Do Investment Treaties Have a Bright Future, 12 U.C. Davis Journal of International Law & Policy 47 (2005).
Available at: https://digitalcommons.wcl.american.edu/facsch_lawrev/1580