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Neue Publikation: Y. Diergarten und T Krieger (2015) Large-Scale Land Acquisitions, Commitment Problems and International Law. Law and Development Review.

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Neue Publikation: Y. Diergarten und T Krieger (2015) Large-Scale Land Acquisitions, Commitment Problems and International Law. Law and Development Review.

Developing countries with weak institutions often face severe commitment
problems. International investors are reluctant to invest in these countries
because their property rights are insufficiently protected. We argue that in order
to overcome the commitment problem countries may subject investors’ rights
protection to independent investment tribunals. These tribunals are known to
strictly support property rights protection and to be reluctant to honor human
rights considerations, although they might be applicable. This may explain why
human rights of the local smallholders in large-scale land acquisitions are
hardly protected in the Global South.

 

 

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