Legal Obstacles to International Investments in Venezuela and Anti-Corruption Policy (Obstáculos Legales a Las Inversiones Internacionales En Venezuela Y Política Anticorrupción)

Boletín Mexicano de Derecho Comparado, Año XLIX Núm. 149 Mayo-Agosto 2017, pp. 707-724

24 Pages Posted: 26 Jun 2017

Date Written: June 24, 2017

Abstract

This article begins by presenting some recent statistical data on rule of law, investment, and corruption in Venezuela. It focuses afterwards on analysing the 2014 Venezuelan Anti-Corruption Law, and it develops various arguments that may lead to question this Law ́s real objectives from an international investment ́s perspective. The paper reflects on whether the current Venezuelan government might use this 2014 Anti-Corruption Law against foreign investors. The cataclysm that the country is currently experiencing does not bode well for international investments.

Keywords: Corruption, Venezuela, rule of law, foreign investment, investor-State dispute settlement (ISDS)

JEL Classification: K33, K30, K40, K41, C10, F02, F13, F21, F30, H77, E22, H87, K20, O10, K19

Suggested Citation

Fach Gomez, Katia, Legal Obstacles to International Investments in Venezuela and Anti-Corruption Policy (Obstáculos Legales a Las Inversiones Internacionales En Venezuela Y Política Anticorrupción) (June 24, 2017). Boletín Mexicano de Derecho Comparado, Año XLIX Núm. 149 Mayo-Agosto 2017, pp. 707-724. Available at SSRN: https://ssrn.com/abstract=2991945 or http://dx.doi.org/10.2139/ssrn.2991945

Katia Fach Gomez (Contact Author)

University of Zaragoza ( email )

Pedro Cerbuna 12
Zaragoza, zaragoza 50009
Spain

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