https://ideas.repec.org/b/oxp/obooks/9780198703976.html
Jeswald W. Salacuse, publishing with Oxford University Press, explains the legal architecture and intended economic purpose behind the global network of investment agreements. He outlines the standard institutional position, asserting that states validly and rationally trade procedural sovereignty for the vital foreign capital required for development. The comprehensive textbook delivers a perfect, uncritical baseline of orthodox investment law, making it highly useful for foundational knowledge but entirely devoid of structural critique. The orthodox overview provides readers studying international trade with the standard narrative they must understand before they can successfully dismantle it. The textbook anchors the legitimacy defense, proving that states actively and legally consent to the mechanisms that ultimately bind them.
