This article explores the development of the international law on expropriation. The concept of expropriation under international law is difficult to determine. One factor that reinforces this difficulty is that the expropriation provisions in different treaties vary in specific wordings. However, there certainly are discernible substantive principles that penetrate through the expropriation provisions of international investment agreements. Under international law, the States have the right to expropriate properties within each of their jurisdictions, subject to certain conditions requiring that the States expropriate for public purposes, in non-discriminatory manners, on payment of compensations, and (though it is not as general as the foregoing three conditions) in accordance with due process of law. Having fulfilled these conditions, an expropriation would qualify as a lawful expropriation. The present-day discussion on unlawful expropriation mostly concerns indirect expropriation. As a concept distinct from direct expropriation, indirect expropriation is ‘deprivation of property through interference by a State in the use of that property or with the enjoyment of its benefits even where legal title to the property is not affected’.(Tippetts, Abbett, McCarthy, Stratton and TAMS-AFFA Consulting Engineers of Iran v. Iran) As indirect expropriation usually takes the form of regulatory measures of States which in many cases are not accompanied by compensation as required under international investment agreements, it would amount to unlawful expropriation. What draws a line between a legitimate regulation and an indirect expropriation is a contested issue and one of the factors that complicates the law on expropriation. Arbitral tribunals have employed criteria such as the degree of interference or the economic impact of the measures, its character or intent, and the legitimate expectations of the investor. Each of these criteria will be studied in this article, along with the concept of proportionality that operates to weigh and balance the criteria in a particular case.
목차
Ⅰ. 외국인 재산의 수용에 관한 국제규범의 발전 Ⅱ. 적법한 수용 Ⅲ. 간접수용 Ⅳ. 수용과 과세 Ⅴ. 보상의 기준 Ⅵ. 결론
한국국제경제법학회 [International Economic Law Association of Korea]
설립연도
2003
분야
사회과학>법학
소개
한국국제경제법학회는 2003년 3월 국내의 국제경제법(통상법) 전문가들에 의하여 설립되었습니다. 한국국제경제법학회는 WTO를 비롯한 국제경제법(통상법)의 연구와 교육의 질과 수준을 제고하는데 제1차적 목표를 두고 있으며, 함께 정부와 기업의 국제경제법(통상법)의 올바른 이해와 활용에 기여하고자 합니다.
간행물
간행물명
국제경제법연구 [Korean Journal of International Economic Law]