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Meaning, Evolution, Rationale, Sources and Typology of Stabilization Clauses

  • Jola Gjuzi
Chapter

Abstract

A stabilization clause generally refers to any clause that is contained most typically in an investment contract concluded between a host state or state company and a foreign investor, and in some occasions in a domestic law, regulation, or other administrative act, and that is addressed to an identifiable category of investors. By means of such a clause, the state party undertakes to maintain unaffected for a specified period of time the stability of the regulatory framework of the investor’s contract or project, or the stability of the economic equilibrium between the parties achieved by contract or established in law, despite any subsequent legislative, administrative, judicial, or similar measures.

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Authors and Affiliations

  • Jola Gjuzi
    • 1
  1. 1.Kalo & Associates Law FirmTiranaAlbania

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