Bounded Rationality and Economic Diplomacy: The Politics of Investment Treaties in Developing Countries - Tapa blanda

Skovgaard Poulsen, Lauge N

 
9781107552012: Bounded Rationality and Economic Diplomacy: The Politics of Investment Treaties in Developing Countries
Tapa blanda
ISBN 10: 110755201X ISBN 13: 9781107552012
Editorial: Cambridge University Press, 2017

Sinopsis

Modern investment treaties give private arbitrators power to determine whether governments should pay compensation to foreign investors for a wide range of sovereign acts. In recent years, particularly developing countries have incurred significant liabilities from investment treaty arbitration, which begs the question why they signed the treaties in the first place. Through a comprehensive and timely analysis, this book shows that governments in developing countries typically overestimated the economic benefits of investment treaties and practically ignored their risks. Rooted in insights on bounded rationality from behavioural psychology and economics, the analysis highlights how policy-makers often relied on inferential shortcuts when assessing the implications of the treaties, which resulted in systematic deviations from fully rational behaviour. This not only sheds new light on one of the most controversial legal regimes underwriting economic globalization but also provides a novel theoretical account of the often irrational, yet predictable, nature of economic diplomacy.

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Acerca del autor

Lauge N. Skovgaard Poulsen is a Lecturer in International Political Economy at University College London.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Cambridge University Press
Año de publicación
2017
Idioma
Inglés
ISBN 10 
110755201X
ISBN 13 
9781107552012
Encuadernación
Tapa blanda
Número de páginas
264
Contacto del fabricante
no disponible
Persona responsable
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
22763
Alemania

Otras ediciones populares con el mismo título

9781107119536: Bounded Rationality and Economic Diplomacy: The Politics of Investment Treaties in Developing Countries

Edición Destacada

ISBN 10:  1107119537 ISBN 13:  9781107119536
Editorial: Cambridge University Press, 2015
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