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The Nature And Enforcement Of Investor Rights Under Investment Treaties: Do Investment Treaties Have A Bright Future, Susan Franck Oct 2005

The Nature And Enforcement Of Investor Rights Under Investment Treaties: Do Investment Treaties Have A Bright Future, Susan Franck

Articles in Law Reviews & Other Academic Journals

The number of investment treaties has surged in the past decade. Even now, the United States and Canada are actively engaged in programs designed to facilitate the completion of multilateral treaties such as the Dominican Republic-Central American Free Trade Agreement (CAFTA-DR) and Bilateral Investment Treaties (BITs). These investment treaties act like economic bills of rights, which grant foreign investors substantive protections and procedural rights to facilitate investment. Sovereigns, meanwhile, may benefit from these treaties by obtaining increased foreign direct investment, which may promote the development of their country's infrastructure 6 and offer citizens basic services including access to clean water, …


An Experimental Analysis Of The Effects Of Automated Mitigation Procedures On Investment And Prices In Wholesale Electricity Markets, Bart J. Wilson, L. Lynne Kiesling May 2005

An Experimental Analysis Of The Effects Of Automated Mitigation Procedures On Investment And Prices In Wholesale Electricity Markets, Bart J. Wilson, L. Lynne Kiesling

Bart J Wilson

In this paper we report the findings of an experiment that examines the effects of automated mitigation procedures (AMP) on capacity investment prices of suppliers in a wholesale electricity market. Specifically, in a 2 x 2 design we examine the effects of strong and weak market power incentives on markets with and without the AMP. We find that a type of soft relative offer cap does not affect overall investment in capacity. The AMP also does not reduce long-run wholesale electricity prices relative to markets in which no mitigation mechanism is in operation. The factor with the most significant effect …


An Experimental Analysis Of The Effects Of Automated Mitigation Procedures On Investment And Prices In Wholesale Electricity Markets, Bart J. Wilson, L. Lynne Kiesling May 2005

An Experimental Analysis Of The Effects Of Automated Mitigation Procedures On Investment And Prices In Wholesale Electricity Markets, Bart J. Wilson, L. Lynne Kiesling

Bart J. Wilson

In this paper we report the findings of an experiment that examines the effects of automated mitigation procedures (AMP) on capacity investment prices of suppliers in a wholesale electricity market. Specifically, in a 2 x 2 design we examine the effects of strong and weak market power incentives on markets with and without the AMP. We find that a type of soft relative offer cap does not affect overall investment in capacity. The AMP also does not reduce long-run wholesale electricity prices relative to markets in which no mitigation mechanism is in operation. The factor with the most significant effect …


The Legitimacy Crisis In Investment Treaty Arbitration: Privatizing Public International Law Through Inconsistent Decisions, Susan Franck Mar 2005

The Legitimacy Crisis In Investment Treaty Arbitration: Privatizing Public International Law Through Inconsistent Decisions, Susan Franck

Articles in Law Reviews & Other Academic Journals

No abstract provided.


Supporting Sustained Economic Development, Steven Radelet Jan 2005

Supporting Sustained Economic Development, Steven Radelet

Michigan Journal of International Law

There is no magic formula for sustained economic development in poor countries. Strategies that succeed in one country may not be appropriate in another. Yet there are several broad similarities across the countries that have been most successful in achieving development over the past forty years. This Article takes a very broad overview of economic development in low-income countries over this period and makes three basic points.