Advertisement

The international law of foreign investment in the age of globalization: from panic to panacea

In response to the paper by M. Sornarajah, “a law for need or a law for greed? restoring the lost law in the international law of foreign investment”, (see pp. 329–357)
  • A. F. M. Maniruzzaman
Commentary
  • 182 Downloads

In the current state of international affairs international law has seemingly lost its direction and often the sense of its purpose. Over the last two decades, in the wake of globalization, and in the aftermath of the 9/11 saga, international law, as we have traditionally known it, has been under tremendous pressure to meet the demands of the age at the threshold of the 21st century. For its inadequacy, lack of universality and enforceability international law has been and is now being more increasingly used by the most powerful States as a power tool for their ends.1Such manoeuvring of international law pervades through all aspects of international life of the international community of States, say, human rights, trade, foreign investment, control of terrorism, self-defence of States, and so on. The state of its being used as a ploy in the hands of the most powerful merely proves the poverty of international law and belies its universalism. The incursion on international law was...

Keywords

Corporate Social Responsibility Foreign Investment Multinational Corporation Investment Protection Dispute Settlement 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media B.V. 2006

Authors and Affiliations

  1. 1.International and Business LawUniversity of PortsmouthPortsmouthUK

Personalised recommendations