The objective of this book is to change the terms of the debate so that societal values and goals are at the center of discussions about each reform proposal and process. This book rethinks international investment law as a key system in global economic governance that should incorporate principles of transparency, participation, reciprocity, accountability, and subsidiarity. The book critically evaluates the current system of investment governance in light of those principles and goals. And finally, it proposes possible reforms – including multilateral reforms – that would realign the governance of international investment with 21st century goals including reduction of poverty and inequality, and protection of human dignity, the environment, and the planet.
|Place of Publication||US|
|Publisher||Columbia Center on Sustainable Investment Books.|
|Commissioning body||German Federal Ministry for Economic Cooperation and Development|
|Number of pages||172|
|Publication status||Published - 2018|