Beware of freezing clauses in international investment agreements

Tarcisio Gazzini

No 191, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: With States increasingly concerned about safeguarding their regulatory powers, it is rather striking to find in investment treaties clauses reminiscent of contractual freezing clauses. Aimed at protecting investors against subsequent regulatory action, these clauses are problematic for their potential negative impact on the attainment of economic and social policies.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:colfdi:191

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