The Limits of Isomorphism: Global Investment Law and the ASEAN Investment Regime

42 Pages Posted: 15 Jul 2016 Last revised: 16 Jul 2016

See all articles by Sungjoon Cho

Sungjoon Cho

Chicago Kent College of Law

Jürgen Kurtz

University of Melbourne - Law School

Date Written: 2016

Abstract

This article probes the unique ontogenetic path of ASEAN’s regulation of foreign investment by juxtaposing global investment law and the ASEAN context. While the former delivers a powerful heuristic on isomorphism that ASEAN exhibits in its strong reflection of global investment norms, the latter sheds critical light on ideological and analytical blind spots by exploring distinct heterogeneities in ASEAN’s investment regulation. Those heterogeneities are not simply outliers but reflect important historical and cultural values inherent to ASEAN and its members. The insights uncovered in this article invite scholars and policymakers to define a new form of global investment law that is more inclusive and flexible than the strict and conventional paradigm.

Keywords: ASEAN, international investment law

JEL Classification: F21, F13, F53, K33

Suggested Citation

Cho, Sungjoon and Kurtz, Jürgen, The Limits of Isomorphism: Global Investment Law and the ASEAN Investment Regime (2016). Chicago Journal of International Law, Vol. 17, 2016. Available at SSRN: https://ssrn.com/abstract=2807927

Sungjoon Cho (Contact Author)

Chicago Kent College of Law ( email )

565 W. Adams St.
Chicago, IL 60661-3691
United States

Jürgen Kurtz

University of Melbourne - Law School ( email )

University Square
185 Pelham Street, Carlton
Victoria, Victoria 3010
Australia
613 8344 4770 (Phone)
613 8344 9971 (Fax)

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