Part II The National Legal Framework, 4 Factors Shaping National Legal Frameworks for International Investment
From: The Three Laws of International Investment: National, Contractual, and International Frameworks for Foreign Capital
Jeswald W. Salacuse
- International economic law — Foreign Direct Investment — Investment, territorial element — Development
All national legal systems implicitly or explicitly address two fundamental issues with respect to international investment: (1) the extent to which foreign capital in its various forms is permitted to enter and exit national territory and (2) the treatment to be given to foreign capital once it enters national territory. Chapter 5 will address the first of these issues and Chapter 6 will address the second. The content of national laws and regulations on these two issues is shaped by the interests, attitudes, and ideologies of countries’ governing authorities. At...