Shift of Power and Transformation of IIAs: A Power Structure Analysis of International Investment Agreements Regime
33 Pages Posted: 27 Jul 2016
Date Written: July 24, 2016
Doctrinal analysis of IIAs explains little about the convergence in contents yet divergence in forms of IIAs. The evolutionary paradox of IIAs regime demands the political analysis of international legal Process. As a complex system, the long term evolution of IIAs regime is oriented by shift of underlying power structure, diluted by institutional inertia and perturbed by incidental events.
Keywords: international investment agreement; political economy; power structure; transaction cost
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