Economic Issues Raised by Treatment of Takings under NAFTA Chapter 11

By Edward M Graham on October 9, 2003
This paper served as one of the background papers for the IISD-Institute for International Economics collaborative meeting on Investment Law and Sustainable Development. Graham looks at the idea of "regulatory takings" from a public welfare economics perspective and finds problems with what some have argued to be the proper interpretation of expropriation under Chapter 11.

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IISD, 2003