Who Cares About Regulatory Space in BITs? A Comparative International Approach

Broude, Tomer; Haftel, Yoram; Thompson, Alexander

doi:10.2139/ssrn.2773686

Who Cares About Regulatory Space in BITs? A Comparative International Approach

Hebrew University of Jerusalem Legal Research Paper Forthcoming 16-41

Forthcoming in COMPARATIVE INTERNATIONAL LAW, Anthea Roberts, Pierre-Hugues Verdier, Mila Versteeg and Paul B. Stephan, eds. (Oxford University Press)

Hebrew University of Jerusalem International Law Forum Working Series 02-16

26 Pages Posted: 4 May 2016 Last revised: 1 Dec 2016

See all articles by Tomer Broude

Tomer Broude

Hebrew University of Jerusalem - International Law Forum

Alexander Thompson

Ohio State University

Date Written: May 2, 2016

Abstract

Regulatory space has become one of the buzzwords of the debate on international investment protection law. Critics claim that investment law unduly constrains states’ regulatory space. Proponents contend that claim. This article analyzes state sensitivity to constraints on regulatory space from a comparative perspective, on the basis of quantitative analysis of textual coding of investor-state dispute settlement provisions in renegotiated bilateral investment treaties.

Keywords: International economic law, investment, bilateral investment treaties, treaty law, renegotiation

Suggested Citation: Suggested Citation

Broude, Tomer and Haftel, Yoram and Thompson, Alexander, Who Cares About Regulatory Space in BITs? A Comparative International Approach (May 2, 2016). Hebrew University of Jerusalem Legal Research Paper Forthcoming 16-41; Forthcoming in COMPARATIVE INTERNATIONAL LAW, Anthea Roberts, Pierre-Hugues Verdier, Mila Versteeg and Paul B. Stephan, eds. (Oxford University Press); Hebrew University of Jerusalem International Law Forum Working Series 02-16. Available at SSRN: https://ssrn.com/abstract=2773686 or http://dx.doi.org/10.2139/ssrn.2773686