Abstract

Although there is broad consensus that investment, including foreign investment, can have a positive impact on economic development, the relationship between international investment law and international development law has long been a history of ignorance and mistrust. The literature and jurisprudence on international investment law until recently has largely treated the law of international development in passing. Many works on international development law, in turn, pay no more than lip-service to investment protection. Critics have even seen investment law as an obstacle to sustainable development. Serving as an introduction to the book International Investment Law and Development: Bridging the Gap, the present paper maps out the conceptual relations between international investment law and development and discusses how the existing gap can be bridged through a more comprehensive and integrated vision on investment and development.

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