Large-Scale Land Investments in Least Developed Countries

Legal Conflicts Between Investment and Human Rights Protection

Nonfiction, Reference & Language, Law, International, Business & Finance, Industries & Professions, Industries
Cover of the book Large-Scale Land Investments in Least Developed Countries by Luis Tomás Montilla Fernández, Springer International Publishing
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Author: Luis Tomás Montilla Fernández ISBN: 9783319652801
Publisher: Springer International Publishing Publication: November 9, 2017
Imprint: Springer Language: English
Author: Luis Tomás Montilla Fernández
ISBN: 9783319652801
Publisher: Springer International Publishing
Publication: November 9, 2017
Imprint: Springer
Language: English

This book analyses large-scale land investments for agricultural purposes in Africa’s least developed countries from a law and economics perspective. Focusing on the effects of foreign land investments on host countries’ local populations and the apparent failure of international law to create incentives to offset them, it also examines the legal and economic mechanisms to hold investors accountable in cases where their investment leads to human rights violations. Applying principal agent and contract theory, it elucidates the sources of opportunism and develops control mechanisms to ameliorate the negative effects. It shows that although judicial mechanisms fail to deliver justice, international law offers alternatives to safeguard against arbitrary and abusive state and investor conduct, and also to effectuate human rights and, thus, tackle opportunistic behaviour.

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This book analyses large-scale land investments for agricultural purposes in Africa’s least developed countries from a law and economics perspective. Focusing on the effects of foreign land investments on host countries’ local populations and the apparent failure of international law to create incentives to offset them, it also examines the legal and economic mechanisms to hold investors accountable in cases where their investment leads to human rights violations. Applying principal agent and contract theory, it elucidates the sources of opportunism and develops control mechanisms to ameliorate the negative effects. It shows that although judicial mechanisms fail to deliver justice, international law offers alternatives to safeguard against arbitrary and abusive state and investor conduct, and also to effectuate human rights and, thus, tackle opportunistic behaviour.

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