The Effect of Treaties on Foreign Direct Investment
Bilateral Investment Treaties, Double Taxation Treaties, and Investment Flows
Karl P Sauvant and Lisa E Sachs
Reviews and Awards
"A comprehensive overview of the state-of-the-art within the literature on IIAs and FDI. Irrespective of methodological challenges, the volume is a valuable point of reference for scholars and practitioners alike." --Lauge Skovgaard Poulsen, London School of Economics European Journal of International Law
"The surge of FDI, through widepread economic liberalization of economic policy, not only brings capital for emerging or growing industries, but it is also capable of boosting the country's economy by creating greater access to financing, more job opportunities, and potential knowledge and technology spillovers. Bilateral investment treaties (BIT's) and double taxation treaties(DTT's) signal to investors that investments will be legally protected under international law in case of political turmoil and mitigate the possibility of double taxation of foreign entities. But their actual effect on the flows of foreign direct investment is debatable. This book is a comprehensive assesment of the performance of these treaties, and presents the most recent literature on BIT's and DDT'S and their impact on foreign investments." --Tatiana Kostova, AIB Newsletter
"This volume constitutes an important contribution to the literature on the increasing relevance of policy for FDI decisions." --Judith Clifton, University of Cantabria, Cantabria, Spain International Business Review
"Built around the valuable insight that BITs and DDTS serve as the two principal forms of international investment agreements, Sachs and Sauvant have established a collection of rigorous, and at times competing, studies on a timely and challenging subject. The book provides an exceptionally close look at the relationship between treaties and foreign direct investment-an important issue of great interest to practitioners, scholars and policymakers alike." --Mark E. Feldman, Chief, NAFTA/CAFTA-DR Arbitration, Office of the Legal Adviser, U.S. Department of State Foreign Investment Law Journal