The effects of armed conflict on investment treaties /

"Armed conflict has disastrous effects on societies. Lives are lost, civilians displaced, infrastructure destroyed, and societal, political, and economic institutions damaged. Alongside humanitarian costs stands the economic impact of conflict with potentially long-lasting and substantial effec...

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Bibliographic Details
Main Authors: Ackermann, Tobias, 1989- (Author)
Published: Cambridge University Press,
Publisher Address: Cambridge, United Kingdom :
Publication Dates: 2022.
Literature type: Book
Language: English
Series: Cambridge studies in international and comparative law ; 169
Subjects:
Summary: "Armed conflict has disastrous effects on societies. Lives are lost, civilians displaced, infrastructure destroyed, and societal, political, and economic institutions damaged. Alongside humanitarian costs stands the economic impact of conflict with potentially long-lasting and substantial effects on the state's economic growth and development that, in turn, can lead to prolonged instability and resurgence in violence. Even in case a conflict party's territory is not the theatre of military operations, the respective state is still affected by its engagement in hostilities and, depending on the scale of the conflict, may be forced to adopt more or less extensive emergency measures to cope with the situation. Among those affected by conflict and attendant state responses are foreign investors, be it individuals or corporations, their employees as well as their property. The regime of international investment law accords foreign investors and investments specific protection from encroachments by state authorities and violent threats by third parties-protection that becomes, from the perspective of investors, all the more relevant and, from the perspective of states, all the more difficult to provide in times of armed conflict. In light of the increasing prevalence of investment treaties as well as the global flow of foreign investments, it was only a matter of time for investment disputes to arise out of armed conflict more frequently. The upheaval in many Arab countries from 2010 to 2012, the 'Arab Spring', marks a watershed moment in this respect. It has caused a wave of investor-state proceedings that pose new questions and challenges to a legal regime that has become one of the most dynamic and, at the same time, most controversial areas of international law"--
Item Description: Based on author's thesis (doctoral - Ruhr-Universität Bochum, 2020).
Carrier Form: xli, 346 pages ; 24 cm.
Bibliography: Includes bibliographical references (pages 289-339) and index.
ISBN: 9781009207836
1009207830
Index Number: K3830
CLC: D996.4
Call Number: D996.4/A182
Contents: The continuity of investment treaties -- The prospects for unilateral termination and suspension -- The doctrine of the effects of armed conflicts on treaties : unilateral termination or suspension beyond general rules? -- Investment protection and the role of international humanitarian law -- Investment treaties and international humanitarian law : a relationship of interpretation -- Investment protection under international humanitarian law -- Investment protection standards during armed conflict -- Armed conflict clauses -- Full protection and security -- Expropriation -- Fair and equitable treatment -- Exceptions and defences -- Security exceptions -- Circumstances precluding wrongfulness -- Limitations on liability.