The Role of African Regional Organizations in the Promotion and Protection of Foreign Investment

Denters, Erik and Gazzini, Tarcisio (2017) The Role of African Regional Organizations in the Promotion and Protection of Foreign Investment. Journal of World Investment and Trade, 18 (3). pp. 449-492. ISSN 1660-7112

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Abstract

A complex, fragmented and heterogeneous network of domestic and international legal instruments promotes and protects foreign investment in Africa. While bilateral treaties seem to be increasingly unpopular, regionalism is clearly on the rise in the continent. The article examines how regional treaties have contributed to upgrade the current regulation of foreign investment. From this perspective, Africa can be seen as a normative laboratory. Regional treaties, most prominently those concluded within the Economic Community of West African States (ECOWAS) and the Southern African Development Community (SADC), contain several important novelties meant to rebalance the rights and obligations of the various stakeholders as well as to safeguard host State policy space. The content of these treaties has been brought more in line with the evolution of international law, especially with regard to the protection of the environment, social and human rights, transparency, corruption, public scrutiny, economic development, and corporate responsibility.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > School of Law
Depositing User: Pure Connector
Date Deposited: 30 Nov 2017 06:06
Last Modified: 19 Oct 2020 23:44
URI: https://ueaeprints.uea.ac.uk/id/eprint/65632
DOI: 10.1163/22119000-12340048

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