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Privatization: Is International Law Relevant?, Jean-Gabriel Castel
Privatization: Is International Law Relevant?, Jean-Gabriel Castel
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Over the years, much has been written concerning the taking of property by the state through confiscation, expropriation, and more generally nationalization from an international law point of view. By contrast, there is a dearth of authority on the subject of denationalization, or privatization as it is called today.
The rolling back of nationalization that first took hold in Britain a few years ago has gained momentum as Canada and France have decided to return many state-owned enterprises to the private sector. The objective is clear, but the methods to accomplish it are not uniform, nor is it certain that …