Impacts of investment arbitration against Latin America and the Carribbean
Latin American and Caribbean (LAC) countries are among the most affected by the investment arbitration system worldwide, representing 28.6% of all known investor-state disputes around the world. In particular, Argentina, Venezuela, Mexico, Ecuador, Bolivia and Peru accounts for 77.3% of the total number of claims against LAC countries. Investors have won in 70% of the cases brought against LAC countries. As a result, LAC States have already had to pay foreign companies 20.6 billion USD, which could cover Bolivia’s budget for health and education for four whole years.
22 August 2016, by Cecilia Olivet , Alberto Villarreal
Doctora en Ciencias Sociales
por la Universidad de Buenos Aires. Es
investigadora de FLACSO/RRII. Es miembro de
ATTAC Argentina y de la Asamblea “Argentina
mejor sin TLC”. Ha participado activamente
en la Campaña Continenta-l contra el ALCA.
Colaboradora de Transnational Institute (TNI).
est membre de Instituto de Estudios y Formación CTA Autónoma, de ATTAC Argentine du CADTM AYNA, et chercheuse en commerce et investissements au Transnational Institute