Replanteamiento de las leyes nacionales de inversión

The report examines the evolution of national investment laws, identifying seven primary functions they serve and offering a strategic framework for policymakers to redesign these laws based on their specific national contexts and sustainable development objectives.

• National investment laws have evolved through three distinct phases: early laws in the 1950s-1970s focused on national policy goals and colonial legal cohesion; laws from 1980-2010 shifted toward attracting investment by incorporating international treaty standards and tax incentives; and since 2000, there has been a renewed interest in diversifying these laws to avoid the legal risks associated with old-style investment treaties.
• An analysis of 70 investment laws reveals seven primary functions: regulating the admission and approval of foreign investment (at least 60% of laws), granting and administering investment incentives (at least 80%), investment facilitation, providing legal protection to investors (approximately 70%), establishing investor-State dispute settlement systems (nearly 70%), specifying investor obligations, and controlling/supervising foreign investment.
• Legal protections in national laws are generally less comprehensive than those in international treaties; for instance, fewer than 10% of the examined national investment laws include fair and equitable treatment provisions.
• The report proposes a conceptual framework for rethinking investment laws that moves from general to specific: first defining the policy objective (e.g., sustainable development), then determining the necessary functions, and finally designing the structure and content of the law.
• Specific functions of investment laws carry distinct risks: automatic admission approvals can strain limited bureaucratic capacity; certain tax incentives may deplete public funds for investments that would have occurred anyway; and stabilization or fair and equitable treatment clauses can create severe legal risks similar to those found in old-style investment treaties.

APA

Bonnitcha, J., Nikiéma, S. H., & John, T. S. (2023). Replanteamiento de las leyes nacionales de inversión. International Institute for Sustainable Development. https://www.iisd.org/system/files/2023-07/rethinking-national-investment-laws-summary-es.pdf

Chicago

Bonnitcha, Jonathan, Suzy H. Nikiéma, and Taylor St John. Replanteamiento de las leyes nacionales de inversión. International Institute for Sustainable Development, 2023. https://www.iisd.org/system/files/2023-07/rethinking-national-investment-laws-summary-es.pdf.

Wikipedia

{{cite report |last1=Bonnitcha |first1=Jonathan |last2=Nikiéma |first2=Suzy H. |last3=John |first3=Taylor St |title=Replanteamiento de las leyes nacionales de inversión |publisher=International Institute for Sustainable Development |date=July 2023 |url=https://www.iisd.org/system/files/2023-07/rethinking-national-investment-laws-summary-es.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bonnitcha2023replanteamiento, author = {Bonnitcha, Jonathan and Nikiéma, Suzy H. and John, Taylor St}, title = {{Replanteamiento de las leyes nacionales de inversión}}, institution = {International Institute for Sustainable Development}, year = {2023}, month = jul, url = {https://www.iisd.org/system/files/2023-07/rethinking-national-investment-laws-summary-es.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }