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Investment Protection Along the Belt and Road (Английский)

This paper examines the level of investment protection for selected countries along the Belt &Road Initiative (BRI), based on coding the textual content of 17 investment laws and 648international investment agreements (IIAs). We find substantial heterogeneity in the levels ofprotection provided in the reviewed laws and IIAs, and consequently along the same BRI corridorsand projects. Moreover, the current lack of effective enforcement – as shown by...
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