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Cultural Heritage and Foreign Investment

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Encyclopedia of Global Archaeology
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Introduction

Defined as the scientific study of the material remains of past human life and activities, archaeology seems to have very little to do with international investment law, the field of public international law governing foreign investments. Archaeology and international investment law seem to constitute different fields of study, with different aims and objectives. Archaeology studies material objects and aims to illuminate the past. International investment law addresses current issues, governs foreign investors and their investments, and aims to protect them against abusive behavior of the host state and to contribute to the sustainable development of the same. Nonetheless, in the past decades, foreign investors have invested in areas with important archaeological artifacts or constituting significant cultural landscapes, and questions have arisen about how to balance investors’ rights under the applicable investment treaties and the state right to protect important...

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References

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  • Vadi, V. 2014. Cultural heritage in international investment law and arbitration. Cambridge, UK: Cambridge University Press.

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Further Reading

  • Pulkowski, D. 2014. The law and politics of international regime conflict. Oxford: Oxford University Press.

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  • Vadi, V. 2015a. Crossed destinies: International economic courts and the protection of cultural heritage. Journal of International Economic Law 18: 51–77.

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  • Vadi, V. 2015b. Global cultural governance by arbitral tribunals: The making of a Lex Administrativa Culturalis. Boston University International Law Journal 33: 101–138.

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  • Vadi, V. 2018. Heritage, power and destiny: The protection of indigenous heritage in international investment law and arbitration. George Washington International Law Review 50: 101–155.

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Correspondence to Valentina Vadi .

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Vadi, V. (2019). Cultural Heritage and Foreign Investment. In: Encyclopedia of Global Archaeology. Springer, Cham. https://doi.org/10.1007/978-3-319-51726-1_3431-1

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  • DOI: https://doi.org/10.1007/978-3-319-51726-1_3431-1

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  • Print ISBN: 978-3-319-51726-1

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