Host government agreements and the law in the energy sector: The case of Azerbaijan and Turkey

dc.contributor.authorŞahin, H.
dc.date.accessioned2024-07-12T21:40:26Z
dc.date.available2024-07-12T21:40:26Z
dc.date.issued2018en_US
dc.department[Belirlenecek]en_US
dc.description.abstractThe energy industry is a key source of growth stimulation for developing states. Understandably, developing states are eager to enter into petroleum investment contracts with international investors, with the expectation that this will benefit their countries. The domestic law of some developing states provides a welcoming investment environment in the form of guarantees and stability, while other states provide these opportunities by agreeing to investment contracts or treaties drafted by international organisations established to facilitate such agreements. This book identifies the political risks, particularly of indirect expropriation, that arise from the unilateral actions of host governments during the lifespan of energy investment projects. Focusing on stabilisation clauses as a political risk management tool, this research-based study draws on comparative empirical evidence from Turkey and Azerbaijan to determine what influences host states to consent to the insertion of stabilisation clauses in long-term host government agreements. Proposing a framework for the role to be played by both internal forces and external forces, it examines political regimes and state guarantees to foreign investors in Azerbaijan and Turkey from a comparative perspective, assessing how effective internal factors in Azerbaijan and Turkey are in facilitating contractual stability in their energy investment projects. Providing a comprehensive analysis of stabilisation clauses and the internal and external factors that compel host states to commit to them, this book will appeal to practitioners, students and scholars in international investment law and energy law. © 2019 Hakan Şahin.en_US
dc.identifier.doi10.4324/9780429490484
dc.identifier.endpage196en_US
dc.identifier.isbn9780429955044
dc.identifier.isbn9781138591332
dc.identifier.scopus2-s2.0-85069165594en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage1en_US
dc.identifier.urihttps://doi.org/10.4324/9780429490484
dc.identifier.urihttps://hdl.handle.net/20.500.12415/7276
dc.indekslendigikaynakScopus
dc.language.isoenen_US
dc.publisherTaylor and Francisen_US
dc.relation.ispartofHost Government Agreements and the Law in the Energy Sector: The Case of Azerbaijan and Turkeyen_US
dc.relation.publicationcategoryKitap - Uluslararasıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmzKY05362
dc.titleHost government agreements and the law in the energy sector: The case of Azerbaijan and Turkeyen_US
dc.typeBook
dspace.entity.typePublication

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