The structure of international investment law with a special view to resource nationalism

Abstract

International investment law is a game of mutual interest, yet, a venue for profit maximization. Therefore, there are usually conflicts in the parties’ interests. A solid legal background is essential on which foreign investment contracts can be built. The more critical the investment environment is, the more the host governments are inclined to grab resource nationalism as a weapon for securing national economic interest. How effective is the legal basis, what impact have the resource nationalism had on the structure of transborder co-operations? These questions are investigated in the present paper