The article studies the theoretical framework concerning economic development agreements (EDAs), as elaborated by scholars and tribunals in the mid-20th Century, and puts it to the test of current contractual practice. The article analyses a number of recent investment contracts in the natural resources field, focusing particularly on preambles, employment and local development obligations, and choice of law clauses. The article argues that the framework behind EDAs has evolved to embed sustainable development and towards the application of domestic law.
From economic development agreements to international investment contracts: some reflections around sustainability and choice of law / Faccio, S.. - (2026), pp. 39-64.
From economic development agreements to international investment contracts: some reflections around sustainability and choice of law
Sondra Faccio
2026-01-01
Abstract
The article studies the theoretical framework concerning economic development agreements (EDAs), as elaborated by scholars and tribunals in the mid-20th Century, and puts it to the test of current contractual practice. The article analyses a number of recent investment contracts in the natural resources field, focusing particularly on preambles, employment and local development obligations, and choice of law clauses. The article argues that the framework behind EDAs has evolved to embed sustainable development and towards the application of domestic law.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione
