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Pierre-Yves Donzé

. Figure 5.3 Advertisement for Timex, 1956. United States Time Co. (Timex) was the company most intensely committed to building a global organisation. 24 It must be considered the first modern multinational company in the global watch industry. Founded in 1941 to produce military equipment, after the war it focused on the mass production of Roskopf watches and adopted an active policy of foreign direct

in The business of time
Abstract only
The international relations of a South American giant

This book contributes to the construction of an integrated analysis of Brazilian foreign policy by focusing on the country's insertion into both the regional and global system over the roughly twenty-five years through to the end of Dilma's first term as president in 2014. An attempt is made to order the discussion through exploration of a series of themes, which are further broken down into key component parts. The first section presents the context, with chapters on institutional structures and the tactical behaviours exhibited by the country's diplomacy, which will be used to guide the analysis in subsequent chapters. The second focuses on issues, taking in trade policies, the rise of Brazilian foreign direct investment, security policy and multilateralism. Key relationships are covered in the final section, encompassing Latin America, the Global South, the US and China. A central contradiction is the clear sense that Brazilian foreign policy makers want to position their country as leader, but are almost pathologically averse to explicitly stating this role or accepting the implicit responsibilities. The recurrent theme is the rising confusion about what Brazil's international identity is, what it should be, and what this means Brazil can and should do. A repeated point made is that foreign policy is an important and often overloooked aspect of domestic policies. The Dilma presidency does hold an important place in the analytical narrative of this book, particularly with respect to the chapters on trade, Brazil Inc., security policy and bilateral relations with the US and China.

This long-awaited volume featuring contributions from top African international lawyers and voices from the continent critically explores the notion of international investment law from an African perspective. It does so by confronting some of the very hard questions with regard to the relationship between international investment and development that have either eluded or not been properly addressed in contemporary scholarships. After many years of popularity, investment treaties have recently caused increasing concern among States, most prominently for the unbalanced nature of their content, the often inadequate safeguard of the regulatory powers of the host State and the shortcomings of international investment arbitration. Some States have upgraded their investment treaties, others have revised their investment treaty model, and others have opted for facilitation agreements. This innovative monograph critically explores all these contentious issues from a multidisciplinary perspective.

Denis O’Hearn

least seven years before the pundits realised there was anything wrong. This is because the source of its growth – foreign direct investment – was drying up. The same mechanisms that created Irish economic growth in the 1990s also limited its longer-term stability, as the world economy went through economic cycles including periodic economic crises where there was insufficient demand for corporate output of the kind that had concentrated in Ireland. Concurrently, the class alliances that benefited from growth – banks, financial institutions, the building sectors

in Are the Irish different?
Alain-Guy Sipowo

connection with development and foreign direct investment (FDI), it is in the traditional sense, which refers to creating a social, political and legal environment conducive to the business climate. Some authors consider that ‘a favourable climate [for business] would include access to finance and imported inputs, enforcement of contracts, reliable regulatory standards, adequate

in African perspectives in international investment law
Kieran Allen

fundamentally sound. This was based on attracting Foreign Direct Investment by identifying areas where Ireland had a comparative advantage. These were primarily an attractive rate of corporation tax and competiveness in wage costs. The model, it is suggested, only went wrong because of certain policy decisions taken in the first decade of the twenty-first century. These primarily relate to a failure to adjust taxes and public spending. As Fitzgerald put it, ‘What should have happened is that from at least 2003, fiscal policy should have been progressively tightened. This

in Ireland under austerity
Claus von Wobeser

adopts the perspective of the MNE towards IIL and discusses whether and if so, to what extent, corporations care about investment treaties and the availability of investor–state dispute resolution (ISDS) when making decisions on foreign direct investment (FDI). It is submitted that corporations care generally about the protection of property rights and investment safety, which are

in Latin America and international investment law
A case of persistent semi-rentierism
Amr Adly

well as in state revenues. Despite becoming a net oil importer in 2006, and a net natural gas importer in 2012, Egypt remains heavily dependent on crude oil and gas for its foreign currency earnings. Directly, crude oil and natural gas still represent 35–40 per cent of total merchandise exports and receive around 60 per cent of net foreign direct investment (FDI) inflows. Indirectly, the Egyptian economy depends on workers’ remittances, namely, from migrant workers in oil-rich Gulf Cooperation Council (GCC) countries in addition to large capital transfers in the form

in Oil and the political economy in the Middle East
Robert Mason

foreign direct investment (FDI) to sustain economic change, especially job creation. State-led capitalism, especially in rapid expansionist mode concerning mega-projects, provides some income, as does hedging in the non-oil sector, but it is not adept at providing jobs, which is a key aspect for economic development and social cohesion. The Saudi Deputy Minister for Economic Affairs Abdulaziz Al-Rasheed noted in 2018 that job creation is important since 100,000 Saudis joined the workforce in the final quarter of 2017 alone (Kane, 2018

in Oil and the political economy in the Middle East
Richard Albert Makon Ma Mbeb

Foreign Direct Investment , (4 e édition) (2008). 2 L’arbitrage est communément défini comme « un mode privé de règlement des litiges fondé sur la convention des parties ; il se caractérise par la soumission d’un litige à de simples particuliers choisis par les

in African perspectives in international investment law