Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs

The economic performance of a country, in the era of a globalized economy and its value chains, is strongly affected by foreign investments. The regulation of this cross-border capital flow through international instruments negotiated and celebrated to facilitate, boost and protect foreign investmen...

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Main Author: Beatriz F Campos Nóbrega
Format: Article
Language:English
Published: Editora Fórum 2021-02-01
Series:International Journal of Digital Law
Subjects:
Online Access:https://journal.nuped.com.br/index.php/revista/article/view/37
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author Beatriz F Campos Nóbrega
author_facet Beatriz F Campos Nóbrega
author_sort Beatriz F Campos Nóbrega
collection DOAJ
description The economic performance of a country, in the era of a globalized economy and its value chains, is strongly affected by foreign investments. The regulation of this cross-border capital flow through international instruments negotiated and celebrated to facilitate, boost and protect foreign investments demonstrates the potential of these instruments in shaping a responsible and diligent insertion of foreign investments in the host country. In Brazil, the investment agreements have been, in the recent years, negotiated through the so-called Cooperation and Facilitation Investment Agreements (CFIAs). So why not use this important mechanism to build a more efficient system? It urges that International Investment Law is brought into this debate, leading the way to incorporating socially responsible corporate conducts into the productive economic process by both States and investing economic agents. This study seeks, therefore, to evaluate Responsible Business Conduct in its interrelation with investment mechanisms that can, at once, attract and facilitate investment and also promote economic and social development. Key words: foreign investment; CFIAs; responsible business conduct; economic and social development.
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series International Journal of Digital Law
spelling doaj-art-37f5e850467045988fa7d0e5c75eff492025-08-20T02:57:51ZengEditora FórumInternational Journal of Digital Law2675-70872021-02-01219111010.47975/IJDL/1nobrega37Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIsBeatriz F Campos Nóbrega0Federal University of Rio Grande do Norte (Natal, Rio Grande do Norte, Brazil)The economic performance of a country, in the era of a globalized economy and its value chains, is strongly affected by foreign investments. The regulation of this cross-border capital flow through international instruments negotiated and celebrated to facilitate, boost and protect foreign investments demonstrates the potential of these instruments in shaping a responsible and diligent insertion of foreign investments in the host country. In Brazil, the investment agreements have been, in the recent years, negotiated through the so-called Cooperation and Facilitation Investment Agreements (CFIAs). So why not use this important mechanism to build a more efficient system? It urges that International Investment Law is brought into this debate, leading the way to incorporating socially responsible corporate conducts into the productive economic process by both States and investing economic agents. This study seeks, therefore, to evaluate Responsible Business Conduct in its interrelation with investment mechanisms that can, at once, attract and facilitate investment and also promote economic and social development. Key words: foreign investment; CFIAs; responsible business conduct; economic and social development.https://journal.nuped.com.br/index.php/revista/article/view/37foreign investmentcfiasresponsible business conducteconomic and social development
spellingShingle Beatriz F Campos Nóbrega
Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs
International Journal of Digital Law
foreign investment
cfias
responsible business conduct
economic and social development
title Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs
title_full Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs
title_fullStr Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs
title_full_unstemmed Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs
title_short Promoting economic and social development through an innovative investment framework: the multidimensional role os ACFIs
title_sort promoting economic and social development through an innovative investment framework the multidimensional role os acfis
topic foreign investment
cfias
responsible business conduct
economic and social development
url https://journal.nuped.com.br/index.php/revista/article/view/37
work_keys_str_mv AT beatrizfcamposnobrega promotingeconomicandsocialdevelopmentthroughaninnovativeinvestmentframeworkthemultidimensionalroleosacfis