Stand-Alone Posts

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Global Value Chains (GVCs), Trade and Inequalities

This post engages with the Global Value Chain Development (GVCD) reports co-published by the World Trade Organization and the World Bank. It focuses on one central claim these reports have made about the development-related benefits of firms’ participation in GVCs, and on the policy recommendations that follow. The claim is that by inserting themselves into global value chains (GVCs) and technologically upgrading, firms can move up the value-added ladder and capture a greater share of the economic rewards, thereby also benefiting workers and their states in terms of employment, income and taxation.

Sierra Leone Accedes to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards While Faced with First ICSID Dispute

Notably, in the accession process, Sierra Leone has exercised its right under Article I(3)[2] of the Convention to limit the scope of the Convention to arbitral awards made in the Territory of another Contracting State, to disputes arising out of legal relationships, whether contractual or not, which are considered commercial under the Laws of Sierra Leone and to arbitration agreements concluded and arbitral awards rendered after the date of its accession to the Convention.

Webinar Series VII Video: Towards Justice in the International Economic Order: Proposals from the South

This webinar was a collaboration between Afronomicslaw and the South Centre, Geneva, to mark the 25th anniversary of the South Centre. Both the South Centre and Afronomicslaw share a commitment to discuss the protection and promotion of the development interests of countries of the Global South.

Appointment of Sole Arbitrator in Benin’s First ICSID Case

Teyliom v. Benin, a new ICSID case has commenced following the appointment of its sole arbitrator on October 23, 2020. The request for arbitration in this case against Benin was filed this summer. This is the very first ICSID claim against Benin. What we know is that in 2017 Benin  faced an investment arbitration at the Stockholm Chamber of Commerce (“SCC”).

Dutch and Nigerian Subsidiaries of Oil Giant Eni Bring OPL 245 Battle to ICSID

On October 9, the Dutch and Nigerian subsidiaries of Italian Eni have filed a request for arbitration at ICSID. The dispute revolves around Shell and Eni’s 2011 purchase of the Oil Prospecting Licence (“OPL 245”) from the company Malabu Oil and Gas Limited (“Malabu”) for USD $1.3 Billion.

The Importance of Intellectual Property and International Investment Agreements for Overcoming the “Peripheral Economy Trap”: A Response to Ian Taylor’s “Sixty Years Later: Africa’s Stalled Decolonization

Shareholder Disputes and the Nigerian Foreign Investment Framework: Attribution Under the Prism of the Interocean Case

This article aims to demonstrate that the Interocean case is a paradigmatic decision, testing the limits of the Nigerian Foreign Investment Framework. The analysis concludes with tactical considerations regarding the designation of the State as well as its National Oil Company ("NOC") in ICSID proceedings. It concludes that the Interocean case has paved the way for shareholder disputes in oil and gas to be heard in Nigerian Courts.

Old work, new work, less work?

We need to think broadly, and across policy areas as: “Indeed, in general, the improved aggregate poverty situation [in South Africa] is due to the increased support coming from social grants and not from the labour market”. Social, technological and economic policy should coordinate for better outcomes. If COVID-19 has shown as anything, it is not that we are the subjects of external, uncontrollable phenomenon - but rather that we are subject to outcomes born of the deliberate decisions of policy, law and economics.

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Niños Neoliberales: Un Diálogo Silencioso Con Ian Taylor

Neo colonialism as described by Ian Taylor is as valid then as it is now, but there are alternatives beyond the modern paradigm and we have to run the risk of decolonizing the academy, people are changing and fighting from other ways of life, but our academies? can you hear them? Indigenous peoples, community organizations, peasants and nature are speaking to us. The question is what language and what knowledge we will use to listen and speak them.