TY - GEN
T1 - Globalisation and resource development in Africa
T2 - assessing the facilitator-protector roles of international law and international institutions
AU - Emeseh, Engobo
N1 - Special Issue: The scramble for Africa's natural resources: emerging contestations and insights
PY - 2008
Y1 - 2008
N2 - A significant feature of globalisation in Africa is the scramble for resources, especially petroleum and solid minerals, through foreign direct investment by multinational companies. This paper explores the role of international law, which protects the investor from regulatory and political risks but offers no such protection to host communities suffering from the social and environmental impacts. The paper argues that there is no valid reason for the difference in treatment, but rather there are compelling grounds for equal protection of communities from the impacts of the operations of multinational corporations, especially as the very investment protection laws place constraints on the sovereign regulatory powers of the state.
AB - A significant feature of globalisation in Africa is the scramble for resources, especially petroleum and solid minerals, through foreign direct investment by multinational companies. This paper explores the role of international law, which protects the investor from regulatory and political risks but offers no such protection to host communities suffering from the social and environmental impacts. The paper argues that there is no valid reason for the difference in treatment, but rather there are compelling grounds for equal protection of communities from the impacts of the operations of multinational corporations, especially as the very investment protection laws place constraints on the sovereign regulatory powers of the state.
UR - http://hdl.handle.net/2160/10255
U2 - 10.1080/03768350802447735
DO - 10.1080/03768350802447735
M3 - Article
SN - 1470-3637
VL - 25
SP - 561
EP - 576
JO - Development Southern Africa
JF - Development Southern Africa
ER -
