Socialising losses, privatising gains
How Dutch investment treaties harm the public interest
Over the past two decades a complex web of more than 3,200 investment agreements has developed globally, mostly in the form of Bilateral Investment Treaties (BITs). These treaties grant investors far-reaching rights, limiting state control over transnational capital and constraining governments’ policymaking space.
A key provision in many of the investment agreements is a controversial mechanism that allows corporations to sue governments in private international arbitration tribunals outside the regular national court system. Investors’ claims through ‘investor-state dispute settlements’ (ISDS) have skyrocketed by more than 400% since the early 1990s. This paper gives a critical civil society perspective on the clear tension between BITs protections and the democratic right and duty of the state to regulate in the broader public interest.
Partners
Publication
Related content
-
BITs and a WTO Investment Framework Published on:Myriam Vander StichelePosted in category:PublicationMyriam Vander Stichele
-
Dutch Bilateral Investment Treaties: A gateway to ‘treaty shopping’ by multinational corporations for investment protectionPosted in category:NewsPublished on:
-
-
Rethinking Bilateral Investment Treaties – critical issues and policy choicesPosted in category:NewsPublished on:
-
Why share buybacks are bad for the planet and peoplePosted in category:OpinionMyriam Vander SticheleMyriam Vander Stichele