Investment Treaties and the Internal Vetting of Regulatory Proposals

Autor: Scott Dayna Nadine, Harten Gus Van
Rok vydání: 2017
Předmět:
Zdroj: Investment Claims
DOI: 10.1093/law-iic/9780198809722.016.0012
Popis: This chapter discusses three findings of a study on whether investor–state dispute settlement (ISDS) has contributed to changes in government decision-making about environmental protection in Ontario, Canada. These findings are: (1) ISDS puts pressure on government decision-making due to the financial and political risks, the opportunity costs that ISDS creates for government, and as a consequence of the career risks that it creates for individual officials; (2) ISDS pressures may be overcome, especially where there is a strong political commitment to a proposed measure backed by legal capacity to scrutinize purported ISDS risks critically and throughout the policymaking process; (3) the assessment of trade or ISDS risks involves value choices and ISDS-generated changes to decision-making processes elevate the role of ‘trade values’ over competing values associated with health and environmental protection.
Databáze: OpenAIRE