Cultural Heritage in International Investment Law and Arbitration

Valentina Vadi (Lancaster University)

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English

Cambridge University Press
13 March 2014

Cultural studies; International economic & trade law; International arbitration; Financial law

Can states adopt protectionist cultural policies? What are the limits, if any, to state intervention in cultural matters? A wide variety of cultural policies may interfere with foreign investments, and a tension therefore exists between the cultural policies of the host state and investment treaty provisions. In some cases, foreign investors have claimed that cultural policies have negatively affected their investments, thereby amounting to a breach of the relevant investment treaty. This study maps the relevant investor-state arbitrations concerning cultural elements and shows that arbitrators have increasingly taken cultural concerns into consideration in deciding cases brought before them, eventually contributing to the coalescence of general principles of law demanding the protection of cultural heritage.

By: Valentina Vadi (Lancaster University)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 235mm, Width: 155mm, Spine: 23mm
Weight: 650g
ISBN: 9781107038486
ISBN 10: 1107038480
Pages: 374
Publication Date: 13 March 2014
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Valentina Vadi is an Associate Professor in International Economic Law at Lancaster University. She was previously an Emile Noël Fellow at the Jean Monnet Centre for International and Regional Economic Law, New York University, and a Marie Curie Fellow at Maastricht University. Her main areas of research are in international economic law and international cultural law.

Reviews for Cultural Heritage in International Investment Law and Arbitration

'Vadi comes to the table equipped with a wonderfully rich set of cases and earnestness ... [this volume] will be influential in shaping the field for years to come.' Lucas Lixinski, Netherlands International Law Review