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Cultural Heritage and International Investment Law

A Stormy Relationship

Bibliographic Data

ID5046550
AuthorsValentina Vadi (0000-0001-5856-6195, European University Institute, corresponding author), Valentina Sara Vadi
Year2008
Volume15
Issue1
Pages1-24
Publication date2008-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Journal of Cultural Property (JOURNAL)
Journal identifiersISSN: 0940-7391 • E-ISSN: 1465-7317
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s094073910808003x
OpenAlexW2153797095
LanguageEN
Citations received1
References cited19

This paper investigates the relationship between international investment law and the protection of cultural heritage. Two questions arise in this connection. First, are investment agreements compatible with states' obligations to protect cultural heritage? Second, if internal measures aimed at protecting cultural heritage can be challenged by foreign investors, is mixed arbitration a suitable forum to protect public interests Indeed, it seems that the regime established according to investment treaties does not strike an appropriate balance between the different interests concerned. After giving a brief look at the legal framework protecting foreign investments, the conflict areas between investment treaty provisions and national cultural policies are explored through an empirical analysis of the recent arbitral jurisprudence concerning cultural heritage. This paper holds that jurisprudential balancing may not provide an adequate protection to cultural heritage; thus, cultural exceptions should be included in investment agreements

Arbitration · Business · Cultural heritage · Cultural heritage management · Economics · Foreign direct investment · Investment (military · Jurisprudence · Law and economics · Political science · Treaty · International Arbitration and Investment Law · Law · State Capitalism and Financial Governance

  • No conflict proven

    Open Access•Niccolò Lanzoni•International Journal of Cultural…•2025

  • The Art & Science of Negotiation

    Howard Raiffa•Harvard Law Review•1983

  • What You Don't Know Can Hurt You

    Kyla Tienhaara•Global Environmental Politics•2006

  • Legal Research on Negotiation

    Rebecca Hollander-Blumoff•International Negotiation•2005

  • The Public—Private Distinction in the International Arbitration of Individual Claims against the State

    Open Access•Gus Van Harten•International and Comparative Law…•2007

  • The British Year Book of International Law 1972–73

    Clifford Hall•International Affairs•1976

Unique citing works1
Citations per year1
Citation span2025 - 2025 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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