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Economics of international investment agreements
Journal of International Economics, 2021Abstract Nearly 2700 international investment agreements protect foreign investment against host country policies. This paper analyzes the design and implications of their contentious provisions regarding regulatory expropriations. It derives conditions under which “carve-out” compensation mechanisms, similar to those in actual agreements, solve ...
Henrik Horn, Thomas Tangerås
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Multilateral Agreement on Investment
Monthly Review, 1998As we know, Marx did not develop an analysis of economic imperialism as it emerged after 1885, but he identified tendencies within nineteenth-century capital, which we recognize today as causes. We think of capital concentration and centralization, the externalization of markets and the falling tendency of the rate of profit as examples that would be ...
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