0

Call Boomerang Books 1300 36 33 32

Description - Resource Nationalism in International Investment Law by Sangwani Patrick Ng'ambi

Foreign direct investment in the natural resource industries is fostered through the signing of concession agreements between the host State and the investor. However, such concessions are susceptible to alteration by the host State, meaning that many investors now require the insertion of stabilization clauses. These are provisions that require the host State to agree that they will not take any administrative or legislative action that would adversely affect the rights of the investor.

Arguing that it is necessary to have some form of flexibility in concession agreements while still offering protection of the legitimate expectations of the investor, Resource Nationalism in International Investment Law proposes the insertion of renegotiation clauses in order to foster flexible relationships between the investor and the host State. Such clauses bind the parties to renegotiate the terms of the contract, in good faith, when prevailing circumstances change. However these clauses can also prove problematic for both State and investor due to their rigidity. Using Zambia as a case study, it highlights the limitations of the efficient breach theory to emphasise the need for contractual flexibility.

Buy Resource Nationalism in International Investment Law by Sangwani Patrick Ng'ambi from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9781138951587
ISBN-10: 1138951587
Format: Hardback
(234mm x 156mm x mm)
Pages: 188
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 23-Nov-2015
Country of Publication: United Kingdom

Other Editions - Resource Nationalism in International Investment Law by Sangwani Patrick Ng'ambi

Book Reviews - Resource Nationalism in International Investment Law by Sangwani Patrick Ng'ambi

» Have you read this book? We'd like to know what you think about it - write a review about Resource Nationalism in International Investment Law book by Sangwani Patrick Ng'ambi and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)


Author Biography - Sangwani Patrick Ng'ambi

Sangwani Patrick Ng'ambi is a Lecturer in International Investment Law and Assistant Dean at the University of Zambia.

A Preview for this title is currently not available.