BITRENEGOTIATION

The Renegotiation of International Agreements: The Case of Bilateral Investment Treaties

 Coordinatore THE HEBREW UNIVERSITY OF JERUSALEM. 

 Organization address address: GIVAT RAM CAMPUS
city: JERUSALEM
postcode: 91904

contact info
Titolo: Ms.
Nome: Hani
Cognome: Ben Yehuda
Email: send email
Telefono: +972 2 6586618
Fax: +972 7 22447007

 Nazionalità Coordinatore Israel [IL]
 Totale costo 100˙000 €
 EC contributo 100˙000 €
 Programma FP7-PEOPLE
Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)
 Code Call FP7-PEOPLE-2012-CIG
 Funding Scheme MC-CIG
 Anno di inizio 2013
 Periodo (anno-mese-giorno) 2013-04-01   -   2017-03-31

 Partecipanti

# participant  country  role  EC contrib. [€] 
1    THE HEBREW UNIVERSITY OF JERUSALEM.

 Organization address address: GIVAT RAM CAMPUS
city: JERUSALEM
postcode: 91904

contact info
Titolo: Ms.
Nome: Hani
Cognome: Ben Yehuda
Email: send email
Telefono: +972 2 6586618
Fax: +972 7 22447007

IL (JERUSALEM) coordinator 100˙000.00

Mappa


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treaty    content    treaties    investment    renegotiation    agreements    renegotiated    bits    international   

 Obiettivo del progetto (Objective)

'Given that their main function is to forge durable commitments, it is notable that many international treaties have changed over time through the increasingly common practice of renegotiation. While some agreements have remained intact after their initial conclusion, others are amended, updated, or replaced. Why are some international agreements renegotiated while others remain stable? Despite growing interest in agreement flexibility and renegotiation provisions as an institutional design outcome, extant research has not addressed the question of renegotiation itself with much depth or rigor. This interdisciplinary project will offer a systematic analysis of treaty renegotiation by presenting theoretical propositions and testing them in the context of bilateral investment treaties (BITs). With over 150 BITs having been renegotiated since the early 1990s, this set of treaties provides a nice laboratory for studying the phenomenon. Building on contract theory and the rational design literature, I intend to develop a set of testable hypotheses on renegotiation based on three mechanisms: overcoming uncertainty through learning, exogenous changes in circumstances, and shifts in the balance of bargaining power between the parties to the treaty. This framework will be evaluated with a combination of qualitative and quantitative approaches that include in-depth interviews of government officials and other individuals engaged in BIT-related policies, content analysis of investment treaties, and a large-N regression analysis. This aspect of the project involves the completion of an original data base of all renegotiated BITs and their content, which is currently not available.'

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