000			01507 a2200181 4500
005			20250515095621.0
020			_a9780199493746
082			_a346.54092 RAN
100			_aRanjan, Prabhash
245			_aIndia and Bilateral Investment Treaties: Refusal, Acceptance, Backlash
250			_a1
260			_bOxford University Press _c2019 _aNew Delhi
300			_a378
520			_aAs a consequence of being sued by more than 20 foreign investors, India terminated close to 60 investment treaties and adopted a new model bilateral investment treaty (BIT) purportedly to balance investment protection with the host State's right to regulate. This book studies critically India's approach towards BITs by tracing its origin, evolution, and the current state of play. The book does so by locating it in India's economic policy in general and policy towards foreign investment in particular. India's approach towards BITs and its policy towards foreign investment were consistent with each other in the periods of economic nationalism (1947-1990) and economic liberalism (1991-2010). However, post 2010, India's approach to BITs has become protectionist while India's foreign investment policy continues to be liberal. In order to balance investment protection with the State's right to regulate, India needs to evolve its BIT practice based on the twin framework of international rule of law and embedded liberalism.
650			_aPolitics and Government
650			_aEconomics Business
942			_cBK _2ddc
999			_c50572 _d50572