An Investigation of the Relationship Between Corruption and International Investment Law

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2024-03-13

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City, University of London

Abstract

While international investment agreements and bilateral treaties seek to protect investors from such unlawful acts, corruption remains a huge issue. Both investors and host states face vulnerabilities that affect investments decisions and contractual enforceability. The absence of such anti-corruption guidelines may complicate it furtherly, particularly in developing countries lacking legal expertise in international investment law. This paper contends that corruption undermines the efficacy of international investment law. It proposes that anti-corruption provisions withing investment treaties are important to mitigate risks and ensure sustainability within investment environments. By analysing legal frameworks and law cases, the paper acknowledges the complexity between corruption and international investment law. Further, this paper explores the nature of corruption in international investments especially in developing countries. This paper also touches upon the challenges faced by developing countries in implementing such anti-corruption measures. This paper aims to provide a comprehensive legal assessment of the relationship between corruption and international investment law focusing on developing countries. Through theoretical exploration, it seeks to assure that corruption is a vital treat to the integrity and efficacy of international investment law.

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International investment law, anti-corruption measures, developing countries, corruption

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