Fiona Beveridge
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Introduction
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This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book examines some of the challenges which globalisation throws up for the international community from a legal perspective. Its focus is on two aspects of the treatment of foreign investment by states: the general rules concerning access, operation and expropriation of foreign investment and the lex specialis of international taxation. The treatment of foreign investment is addressed only peripherally in the World Trade Organisation (WTO) Agreements, while taxation is scarcely touched upon. However, recent developments show that the WTO Agreements have served to embed certain concepts and techniques in international law which have important consequences for future efforts to address foreign investment. A final theme which emerges concerns the actors in the international law arena.

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