The Investment Version of the Asian Noodle Bowl

April 1, 2014

This paper aims to provide a detailed reading of recent advances in Asian investment rulemaking and a finer appreciation of how rules in Asian IIAs have evolved in response to stimuli. While existing studies mainly deal with the interpretation and application of the IIAs in which the rules are given, this study deals in turn with the development of rules, including investment protection. The main objective of the paper is to describe and provide an exhaustive mapping of the recent Asian experiences in investment rule-making through regional and bilateral agreements, providing a detailed analytical account of key dimensions of investment treaties.

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Topics: FOREIGN DIRECT INVESTMENT (FDI) BILATERAL INVESTMENT TREATY (BIT)

Regions: ASIA-PACIFIC

Authors: SHINTARO HAMANAKA JULIEN CHAISSE

Publishing Institution: ASIAN DEVELOPMENT BANK

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