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Part I International Investment and the Law, 3 Three Legal Frameworks for International Investment: National, Contractual, and International

From: The Three Laws of International Investment: National, Contractual, and International Frameworks for Foreign Capital

Jeswald W. Salacuse

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved. date: 03 December 2023

International economic law — Foreign Direct Investment — Settlement of disputes — Applicable law — Law of treaties — Consensual arrangements other than treaties
Host states, international investors, and home states—the three parties with fundamental interests in international investment—have constructed rules to govern international investment transactions and have embodied them in a variety of legal instruments and institutions. The purpose of this complex of legal rules is to influence the conduct of the various parties with respect to investments in desired ways. The three interested parties have adopted legal rules and created institutions as a means to achieve their ends because they consider legal rules and...
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