Academic Commons

Reports

Costs and Benefits of Investment Treaties: Practical Considerations for States

Johnson, Lise; Sachs, Lisa E.; Guven, Brooke S.; Coleman, Jesse

This paper analyzes the expected benefits of investment treaties, including: increased inward investment, increased outward investment, and depoliticization of investment disputes. It then considers evidence of the costs of investment treaties, including: litigation, liability, reputational cost, reduced policy space, distorted power dynamics, reduced role for domestic law-making, and uncertainty in the law. The authors set forth practical steps that states can take relating to both existing treaties as well as future treaties with an objective of increasing desired benefits and decreasing unexpected and high costs of investment treaties.

Files

  • thumnail for 07-Columbia-IIA-investor-policy-briefing-ENG-mr.pdf 07-Columbia-IIA-investor-policy-briefing-ENG-mr.pdf application/pdf 3.35 MB Download File

More About This Work

Academic Units
Columbia Center on Sustainable Investment
Publisher
Columbia Center on Sustainable Investment
Published Here
December 10, 2018
Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.