chapter  8
Expropriation
Pages 61

Against the background of world economic integration or globalization, economic cooperation among all countries has become the mainstream trend. Thus, individual countries competing with each other to attract foreign investment has become an important catalyst for economic development. Since the existing capital inflows are far from sufficient to satisfy the needs of most countries, large-scale nationalization or expropriation1 does not currently constitute a major threat to international investment.2