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Investment protection debate: pros and cons of investment protection in the TTIP agreement
Ifo schnelldienst, 2014-06, Vol.67 (25-26), p.3-19
ISSN: 0018-974X
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Title:
Investment protection debate: pros and cons of investment protection in the TTIP agreement
Author:
Draper, Peter
;
Freytag, Andreas
;
Schorkopf, Frank
;
Bellak, Christian
;
, Stormy-Annika
;
Sprich, Christoph
;
Johnson, Elizabeth
;
Scherrer, Christoph
Subjects:
Europe
;
Investment incentives
;
Investment policy
;
Investments abroad
;
Law
;
Liberalization policy
;
U.S.A
Is Part Of:
Ifo schnelldienst, 2014-06, Vol.67 (25-26), p.3-19
Description:
Negotiations between the US and the EU have attracted growing public interest in recent months. The main bone of contention is the investment section which, in addition to investment liberalisation, features investment protection provisions and regulations on their implementation. Are fears that US investors could challenge European legislation in areas like the environment and the social sector justified? According to Peter Draper, Tutwa Consulting, Pretoria, and Andreas Freytag, University of Jena, TTIP may need investment protection, but no international arbitrage. Frank Schorkopf, University of Göttingen, highlights that the investors are often citizens who are saving for their old age and their children's education via pension funds and asset management. Christian Bellak, Wirtschaftsuniversität Wien, believes that investor-state dispute resolution should not be included in TTIP for legal, democratic policy and economic reasons. Stormy-Annika Mildner, Christoph Sprich, Federation of German Industries (BDI), and Elizabeth Johnson, Robert Bosch Stiftung, argue in favour of making investment protection a part of the TTIP agreement. Investment protection contracts are nothing new in the field of international commercial law. For Stefan Beck and Christoph Scherrer, University of Kassel, the investment protection clauses are "privileging of companies at the cost of democracy".
Language:
German
Identifier:
ISSN: 0018-974X
Source:
AUTh Library subscriptions: ProQuest Central
Alma/SFX Local Collection
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