Inviting Arbitration: Democracies and the Domestic Politics of Bilateral Investment Treaties

• In Event: Democracy, Elections, and Open Economies

Brief Overview

Democracies are more likely to sign BITs when the right-wing party is in power to lock in investor-state-dispute-settlement (ISDS) mechanisms and tie the hands of their left-wing successors who are likely to engage in indirect expropriation.

Authors

• Andrew Charles McWard, University of Wisconsin-Madison

• Yumi Park, University of Wisconsin-Madison