chapter  7
Pages 10

Investment climate discourse, like other liberal economic perspectives, tends to

applaud law when it operates as an ‘individual or private resource for channelling

power’ (Cotterrell, 2002a, p. 643), and to be sceptical of law when it impedes

business. Our intrepid investor, armed with the results of the latest Doing

Business and Enterprise Surveys for orientation, picks his (yes) way gingerly

through a tangle of gnarled legislation and dodges the snapping regulators who

launch themselves at his every limb. Finally, in the half-light, we catch sight of

him heroically heaving himself out of a judicial quagmire. Ah, the investor’s