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PROTECTING FOREIGN INVESTMENT AND PUBLIC HEALTH THROUGH ARBITRAL BALANCING AND TREATY DESIGN

Abstract:
AbstractThis article analyses the fraught relationship between host States’ obligations under investment agreements and their regulatory powers in the field of public health. First, tribunals addressing the merits of health measures have exercised considerable deference to States under existing treaties. Second, the recent generation of treaties spells out health considerations to encourage respondents or tribunals to adopt broad interpretations of the right to regulate, general exceptions, or article-specific carve-outs. Clauses modelled on GATT exceptions may prove difficult to invoke due to the ‘necessity’ threshold. Finally, the Kyoto Protocol may serve as a model of incentivising private investment in the public health sector.
Publication status:
Published
Peer review status:
Peer reviewed

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Files:
Publisher copy:
10.1017/s0020589321000488

Authors

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Role:
Author
ORCID:
0000-0002-1730-5412


More from this funder
Funder identifier:
10.13039/501100005416
Grant:
Centres of Excellence funding scheme (nr 223274)


Publisher:
Cambridge University Press
Journal:
International & Comparative Law Quarterly More from this journal
Volume:
71
Issue:
1
Pages:
139-182
Publication date:
2022-01-28
DOI:
EISSN:
1471-6895
ISSN:
0020-5893


Language:
English
Keywords:
Pubs id:
1914207
Local pid:
pubs:1914207
Source identifiers:
W4210357432
Deposit date:
2026-06-09
ARK identifier:
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