Central Bank of Nigeria Library

Image from Google Jackets

Foreign investments and international law /

By: Material type: TextTextSeries: The Library of world affairsPublication details: New York : Praeger, c1969Description: xxiii, 237 pSubject(s): DDC classification:
  • 346.092 SCH
LOC classification:
  • K3830 .S383 1969
Summary: With the world total investment abroad amounting to some 90 billion dollars, it is clearly essential that effective legal machinery be available for the settlement of disputes which arise when foreign property is unlawfully appropriated by the state in which it is situated. In this book, the author considers that the legal methods for the protection of foreign property suffer from the absence not only of an impartial authority for the compulsory determination of disputes, but also of machinery to carry into effect awards made against defaulting states. The problem is acutely observed in developing countries, whose demands for foreign capital frequently go unheeded, and for those governments the temptation to confiscate foreignowned property is all too strong to be sufficiently resisted. Drawing on the considerable British experience in this field, and on the significant contribution made by international institutions, the author evaluates the various forms of protection available, including the proposals for an international investment insurance agency designed to reassure the reluctant investor.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 346.092 SCH (Browse shelf(Opens below)) Available 31008100151618

Includes bibliographical references: p. 203-226 and index.

With the world total investment abroad amounting to some
90 billion dollars, it is clearly essential that effective legal machinery be available for the settlement of disputes which arise when foreign property is unlawfully appropriated by the state in which it is situated.
In this book, the author considers that the legal methods for the protection of foreign property suffer from the absence not only of an impartial authority for the compulsory determination of disputes, but also of machinery to carry into effect awards made against defaulting states. The problem is acutely observed in developing countries, whose demands for foreign capital frequently go unheeded, and for those governments the temptation to confiscate foreignowned
property is all too strong to be sufficiently resisted. Drawing
on the considerable British experience in this field, and on the
significant contribution made by international institutions, the author evaluates the various forms of protection available, including the proposals for an international investment insurance agency designed to reassure the reluctant investor.

usc 07/06/2018

Loans

There are no comments on this title.

to post a comment.