Introduction

Today Latin America is reviving concepts that were prevalent decades ago, such as expropriation, nationalization and backlash against excessive corporate profits. At the heart of those concepts lies a conflict between national sovereignty and property rights of foreign investors. Recent cases in Bolivia, Venezuela and Ecuador show that the era of property dispossession has not passed and that foreign investors are not immune to measures that directly or indirectly have an impact on the essence of their property rights. In Latin America, apart from direct expropriatory ...