Caribbean Spaces and Assertions of Asymmetric Power: A Critical Review of Property Rights and Investment Protection Clauses in Bilateral International Agreements (BITs) in British Caribbean States
Keyword
Location research
Date
2022-01-15
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Research Projects
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Abstract
This book dealt with Property Rights and Investment Protection Clauses in Bilateral International Agreements (BITs) in British Caribbean States. The purpose of this research is to continue work on the developing literature of bilateral investment treaties (BITs) which, although a fairly recent legal phenomenon in international law, have developed rapidly as globalization has increased. An integral mechanism in the BIT ecosystem that serves to enhance the enforcement of property rights is the international arbitration mechanism, which allows for direct interface between host states and foreign investors and which as an international dispute settlement body that carves out legal sovereignty from host states in order to the ensure legal protection of foreign investors. Finally, this research has shown that initial impressions of BITs as vehicles of the neocolonialist, neo-imperialist agenda for Caribbean host states has been challenged by the capacity of the BIT regime to evolve, to incorporate change, and to attempt to reduce the efficacy of power asymmetry.
Citation
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Publisher
Journal
Target group
Policy makers, Investment advisors
URI
https://hdl.handle.net/20.500.14473/1389
DOI
https://doi.org/10.9734/bpi/mono/978-93-5547-311-0