281. State-controlled entities as claimants in international investment arbitration: an early assessment
- Author:
- Michael D. Nolan and Frédéric Sourgens
- Publication Date:
- 12-2010
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- State-controlled entities (SCEs) are increasingly important participants in international investment flows and international trade. Cumulative FDI by sovereign wealth funds (SWFs) has reportedly reached US$100 billion. SWFs are significant equity investors in, and provide significant debt financing to, every kind of company, from professional sports franchises to container ports. In addition to the role of these funds, national oil companies are growing in regional and international importance. In many countries, other industries are also increasingly government-owned.
- Topic:
- Development, Government, Industrial Policy, International Trade and Finance, Political Economy, and Foreign Direct Investment
- Political Geography:
- United States