Where Should Europe's Investment Path Lead? Reflections on August Reinisch, 'Quo Vadis Europe?'

Santa Clara Journal of International Law, "The Law and Politics of Foreign Investment," Symposium Edition (Forthcoming)

41 Pages Posted: 20 Sep 2013 Last revised: 26 Dec 2014

See all articles by Julie A. Maupin

Julie A. Maupin

Max Planck Institute for Comparative Public Law & International Law; Centre for International Governance Innovation

Date Written: August 1, 2013

Abstract

Relative to the past policies of its Member States, will the European Union’s new comprehensive international investment policy constitute a step forward, a step backward, or a perpetuation of the status quo? Professor Reinisch’s contribution to this volume opens a wide window on the current state of the debate. His cogent analysis suggests that, at present, all three possibilities remain live ones, although some basic contours of a likely trajectory are beginning to take shape. I use his musings as a springboard to investigate two questions which follow naturally from his. That is, in view of Professor Reinisch’s response to the question “where are you going, Europe?” I ask, first, where should European investment policy go next, and second, who should decide? These normative questions are pressing and require thoughtful answers developed through inter-institutional dialogue. If the new EU-wide investment policy is to succeed, their resolution must take precedence over the more mundane, technical matters that have consumed the bulk of scholarly attention so far.

Keywords: Europe, European Union, EU, investment, bilateral investment treaties, Lisbon Treaty

Suggested Citation

Maupin, Julie A., Where Should Europe's Investment Path Lead? Reflections on August Reinisch, 'Quo Vadis Europe?' (August 1, 2013). Santa Clara Journal of International Law, "The Law and Politics of Foreign Investment," Symposium Edition (Forthcoming). Available at SSRN: https://ssrn.com/abstract=2327842 or http://dx.doi.org/10.2139/ssrn.2327842

Julie A. Maupin (Contact Author)

Max Planck Institute for Comparative Public Law & International Law ( email )

Im Neuenheimer Feld 535
69120 Heidelberg, 69120
Germany
+49 6221 482 355 (Phone)

HOME PAGE: http://www.mpil.de/en/pub/institute/personnel/academic-staff/jmaupin.cfm

Centre for International Governance Innovation ( email )

57 Erb Street West
Waterloo, Ontario N2L 6C2
Canada

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