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Growth and Development

2015

Bilateral investment treaties

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Full-Text Articles in Political Science

East Asia, Investment, And International Law: Distinctive Or Convergent?, Beth A. Simmons Jan 2015

East Asia, Investment, And International Law: Distinctive Or Convergent?, Beth A. Simmons

Faculty Scholarship at Penn Law

International investment agreements (IIAs) are the primary legal instruments designed to protect and encourage foreign direct investment world-wide. This article argues that Asia has used IIAs just as much as have other regions of the world to attract foreign direct investment, but that Asia’s pattern of agreement provisions is somewhat distinctive. States in East and Southeast Asia have tended to enter into agreements that strike a balance somewhat more favorable to host states than to foreign firms, at least when compared to the rest of the world. This may be due to high growth in the region, which tends ...