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The Three Laws of International Investment - National, Contractual, and International Frameworks for Foreign Capital by Salacuse, Jeswald W. (1st February 2013)

Part I International Investment and the Law, 1 The Nature and Significance of International Investment

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, 2015. All Rights Reserved. date: 22 May 2019

Subject(s):
International economic law — Investment — Investor — International trade
The meaning of the term “investment” at its most basic level is the commitment of resources by a physical or legal person to a specific purpose in order to earn a profit or to gain a return. Etymologically, the word invest is derived from the Latin investire , which means “to clothe.” 1 An investor is in effect “clothing” an enterprise with capital through the process of investment. In economic terms, investment, a form of savings, is the opposite of consumption. Investment is fundamental to economic growth and to the provision of needed goods and services in any...
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