Are BITs the New Black? An examination to bilateral investment treaties as an economic policy tool

Sheyna Arthur and Alexandra Miller 

Bilateral investment treaties (BITs) are policy tools aimed at protecting foreign investors and their investments. Many scholars and economic development institutions contend that bilateral investment treaties (BITs) are an effective means to promote a favorable investment framework and attract foreign direct investment (FDI). As such in the past four decades, over 2400 BITs have been concluded. In light of the proliferation of BITs, Continue reading