World
World in Progress: Arbitration courts - why citizens foot the bill for big investors
When foreign investors sue governments for losses due to policy changes in so-called arbitration courts, countries can end up paying billions. The system was set up to protect foreign investors - but critics say that it mainly helps companies dodge national laws, and has become a lucrative and highly intransparent business harming citizens even in poor countries that foot the bill.
Report: Thomas Kruchem
Presenter: Neil King
Host/Producer: Anke Rasper
- Date 29.07.2020
- Duration 29:59 mins.
- Author Anke Rasper, Thomas Kruchem
- All audios World in Progress
- Related Subjects Business
- Keywords World in Progress, globalization, Business, arbitration courts, ICSID, foreign investment, law
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