Investor Rights and Wrongs: Suffering from "calligroeconomania"
The worst kept secret about Chapter 11 of the North American Free Trade Agreement is that no one, apart from a handful of entrepreneurial lawyers, had an inkling of its value.
By giving rights and legal protections to investors operating across borders, the conventional wisdom was that Chapter 11 would shield Canadian and U.S. firms from arbitrary treatment at the hands of the Mexican government.
This commentary originally appeared in the Toronto Star on June 6, 2002.
You might also be interested in
We all have to keep plastics out of our lakes and rivers
In an opinion piece, IISD-ELA's Pauline Gerrard writes that researchers in Toronto found an average of 123 microplastics in one serving of freshwater fish, vastly more than the nine microplastics ingested in a serving of grocery store Alaska pollock found in a study by the same authors published earlier this year.
Senegal’s LNG Drive Is an Economic Gamble
Senegal’s plan to drive economic growth through exports of LNG—largely to Europe—is a gamble, new research warns, as forecasts indicate an imminent decline in international demand for gas.
Canadians on the Hook for up to CAD 18.8 Billion in Ongoing Subsidies to the Trans Mountain Pipeline
Canadian taxpayers could end up contributing up to CAD 18.8 billion in subsidies to the Trans Mountain Pipeline if the federal government continues charging discounted transportation tolls to the oil industry, according to a new IISD report.
Understanding the United Nations’ New Principles for Resourcing the Energy Transition
Greg Radford explains new principles and recommendations developed by the UN Secretary-General’s Panel on Critical Energy Transition Minerals and designed to advance equity and justice.