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Changing Dimensions of International Investment Law

Vaughan Lowe
University of Oxford - Faculty of Law


March 2007

Oxford Legal Studies Research Paper No. 4/2007

Abstract:     
The paper reviews the development of the protection of investments in international law, particularly during the past half century. After an initial survey of the main legal instruments it considers the questions of fair and equitable treatment and of protection against unlawful expropriation, and the specific issues of 'umbrella' clauses, multiple claims, the 'fork in the road' and transparency and public participation. The paper is the text of a series of lectures given at the Chinese Academy of International Law in Xiamen, China in September 2006.

Keywords: Investment, BIT, IPPA, ICSID, MIGA, Expropriation, Fair and Equitable Treatment, Transparency, 'Umbrella clause', 'fork in the road'

Working Paper Series

Date posted: March 14, 2007 ; Last revised: March 14, 2007

Suggested Citation

Lowe, Vaughan, Changing Dimensions of International Investment Law (March 2007). Oxford Legal Studies Research Paper No. 4/2007. Available at SSRN: http://ssrn.com/abstract=970727


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Contact Information

Vaughan Lowe (Contact Author)
University of Oxford - Faculty of Law ( email )
St. Cross Building
St. Cross Road
Oxford OX1 3UL United Kingdom
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