The Evolving of Investments in the National and International Regime: The Way Forward
1 Shadi Alshdaifat
Public Law - College of Law - University of Sharjah
Abstract
The majority of developing countries, if not all, desire to attract foreign investment, as a means to achieving a sustainable economic and social development in financing. Further, there has been an acceleration of these developing countries to enter into international agreements, bilateral and multilateral, hoping to encourage the flow of these investments into their territories. Such agreements are the real guarantees that encourage the flow of foreign capital into the developing countries. In recent years, there has been a long debate among economists about the importance of foreign investments in the host countries, but other opinions suggest that such investments are kind of a new-colonialism, which aims to exploit and plunder the economic surplus of the developing countries. At this point, it is essential to clarify the most important potential effects of international investments, since it is the major means of development and diversification of financial resources in a modern economy. It is no exaggeration to say that international investments are the main basis of the economies of many countries. However, the diversification of, and increasing the financial resources of international investments depend on many variables including: organizing and directing the investment, policies, procedures and incentives to attract investments and removing barriers to achieve success. Yet despite the economic importance of international investments, there is no overarching set of rules governing this subject matter. Instead, the regime consists of over 3,000 international investment agreements, the great majority of them bilateral investment treaties.
Keywords
International Investments, Evolving, National Policy, International Policy, Regime, Sustainability.
