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Part II, 7 Latin America: Treaty and Contract Stability in the Face of Policy Realignment and Crisis

From: International Energy Investment Law: The Pursuit of Stability (2nd Edition)

Peter D Cameron

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved. date: 04 March 2024

[T]he stability of the legal and business framework in the State party is an essential element in the standard of what is fair and equitable treatment.1LG&E v Argentina 7.01 In no other part of the world have government policies initiated coordinated swings toward and then sharply away from foreign investment as often and as dramatically as in Latin America. Energy and mining investments have been at the centre of those pendulum swings for several decades. As a counter to this context, foreign investment promotion has usually included the offer of differing kinds...
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