Data/hora: 09/06/2024 14:56:39

Provedor de dados: | 31
País: | United States
Título: | Regulatory Takings and Environmental Regulation in NAFTA's Chapter 11
Autores: | Aisbett,   Emma; Karp,   Larry S.; McAusland,   Carol.
Data: | 2008-02-28
Ano: | 2006
Palavras-chave: | Foreign direct investment; Regulatory takings; Expropriation; NAFTA; National Treatment; Environment; Environmental Economics and Policy; International Relations/Trade; K3; Q58; F21.
Resumo: | NAFTA's investment treaty has led to several expropriation compensation claims from investors hurt by new environmental regulations. Expropriation clauses in international treaties solve post-investment moral hazard problems such as hold-ups. However, these clauses can interact with National Treatment clauses in a manner that hinders investment. A police powers carve-out from the definition of expropriation can be Pareto-improving and can increase the level of foreign investment.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

28703

http://purl.umn.edu/7195

Relação:

University of California, Berkeley&gt;Department of Agricultural and Resource Economics&gt;CUDARE Working Papers

CUDARE Working Paper

1014

Formato: | 36