Bilateral Investment Treaty-based Investment Arbitration against Argentina following the Argentina Economic Crisis
Article from: TDM 3 (2004), in Investor-State Disputes - International Investment Law
In the beginning of the 1990s, Argentina initiated a profound reform of its financial, economic and social institutions in order to become part of the globalised economy. As a result, foreign companies from diverse nationalities decided to invest in this country and thus create a long-time relationship with its economy. By doing so, they were tied to the economic destiny of Argentina. By the end of the decade and the beginning of the new century, Argentina entered the worst economic crisis experienced in the country. This situation triggered an intricate labyrinth ...