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Original Articles

U.S. BITs and Financial Stability

Pages 10-13 | Published online: 15 Dec 2015
 

Abstract

Almost immediately after taking office, the Obama Administration charged the U.S. Department of State's Advisory Committee on International Economic Policy with reviewing the U.S. model bilateral investment treaty (BIT). The group established a subcommittee of business groups, labor and environmental organizations, and a handful of academic experts and tasked it to make official recommendations for reforming U.S. investment treaties. When completed, the Obama Administration hopes to proceed with official negotiations with China, India, Vietnam, and possibly Brazil.

Additional information

Notes on contributors

Kevin P. Gallagher

Kevin P. Gallagher is an Associate Professor in the Department of International Relations at Boston University. His books include The Dragon in the Room: China and the Future of Latin American Industrialization and The Enclave Economy: Foreign Investment and Sustainable Development in Mexico's Silicon Valley. He served on the Investment Subcommittee of the U.S. Department of State's Advisory Committee on International Economic Policy in 2009.

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