The Concept of “Indirect Expropriation”, its appearance in the international system and its effects in the regulatory activity of governments.

The protection of an alien s property in a host country against direct expropriation has long existed in the international arena. Examples of direct expropriation include nationalization; physical seizure of assets or legislated transfer of assets to the state. However such physical takings are no l...

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Autores:
Barklem, Courtenay
Prieto Ríos, Enrique Alberto
Tipo de recurso:
Article of investigation
Fecha de publicación:
2011
Institución:
Universidad Sergio Arboleda
Repositorio:
Repositorio U. Sergio Arboleda
Idioma:
eng
OAI Identifier:
oai:repository.usergioarboleda.edu.co:11232/250
Acceso en línea:
https://doi.org/10.22518/16578953.39
http://hdl.handle.net/11232/250
Palabra clave:
Expropiación
Derecho de propiedad
expropriation
indirect expropriation
bilateral investment treaty
Free Trade Agreement
foreign investment
NAFTA
bilateral investment treaty
expropiación
expropiación indirecta
APPRI
Tratado de Libre Comercio
Inversión extranjera
NAFTA
Rights
openAccess
License
Atribución-NoComercial-SinDerivadas 2.5 Colombia (CC BY-NC-ND 2.5 CO)
Description
Summary:The protection of an alien s property in a host country against direct expropriation has long existed in the international arena. Examples of direct expropriation include nationalization; physical seizure of assets or legislated transfer of assets to the state. However such physical takings are no longer common practice. Nowadays; expropriation comes mainly in the form of indirect expropriation : acts and steps taken by governments which interfere with the right to the property or diminish the value of the property. This paper explores the most relevant antecedents of the concept of indirect expropriation; its appearance in the international system; the inclusion in BITs and Investment Chapters of FTAs; and the effect that the concept is having on the regulatory activity of governments.