Abstract:
Bilateral Investment Treaties (BITs) / International Investment Agreements (IIAs) are signed between two countries under which a country binds itself to offer treaty – based protection to investments and investors of another country. This paper would see if there is a positive correlation between signing BITs/ IIAs and foreign investment inflows in developing countries. It would be seen whether it is prudent to sign BITs/ IIAs given the restriction on policy space to host nations as BITs/ IIAs are structured purely for foreign investors, granting them extensive rights without recognizing the right of sovereign states to regulate in the national interest.
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APA citation