Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109660 
Year of Publication: 
2015
Series/Report no.: 
Diskussionsbeiträge No. 2015-02
Publisher: 
Albert-Ludwigs-Universität Freiburg, Wilfried-Guth-Stiftungsprofessur für Ordnungs- und Wettbewerbspolitik, Freiburg
Abstract: 
Poorly developed 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.
Subjects: 
large-scale land acquisitions
land grabbing
law & economics
international law
property rights
commitment problems
foreign investors
weak institutions
Document Type: 
Working Paper

Files in This Item:
File
Size
834.72 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.