Regulatory Chill on Minimum Wages: The Effects of Veolia’s Arbitration Claim Against Egypt on Third Party Countries

• In Event: The Politics of Foreign Investment

Brief Overview

Veolia’s arbitration claim against Egypt over an increase in minimum wage caused a stagnation in minimum wages in third party countries. However, this effect was only observed in countries who had previously been respondents in arbitration claims.

Author

• Youngchae Lee, University of Rochester