COC

investor-state dispute

UNCTAD's Investment Policy Framework for Sustainable Development: Potential and Issues (January 2013)

Rethinking Bretton Woods | Mon, Jan 14, 2013

UNCTAD's Investment Policy Framework for Sustainable Development: Potential and Issues (January 2013)

The United Nations Conference on Trade and Development (UNCTAD) characterizes its Investment Policy Framework for Sustainable Development (IPFSD) by saying it emphasizes “a balanced approach between the pursuit of purely economic growth objectives …, and the need to protect people and the environment,” and underscores the interests of developing countries in investment policymaking. This article by Aldo Caliari, appeared on Issue 2, Vol. 3 of Investment Treaty News, engages in an independent assessment of the IPFSD from the standpoint of those two claims.

CAFTA Rules on Sovereign Debt: Cementing the Chains of Debt

Global Women's Project | Wed, Apr 13, 2005

CAFTA Rules on Sovereign Debt: Cementing the Chains of Debt

"The rules of the Central American Free Trade Agreement (CAFTA) have been widely criticized by debt campaigners for embodying a model of development that is certain to maintain, if not worsen, the debt woes of its developing country members. In spite of this, CAFTA rules that directly govern the treatment of sovereign debt have received relatively little attention and exposure. In fact, by extending to sovereign debt the application of rules elaborated in the context of investment agreements and with the aim of protection of foreign investors (such as Most Favoured Nation, National Treatment and investor-state arbitration), CAFTA spares no effort to close all possible exits to the debt problems of Central American countries."