CEU Electronic Theses and Dissertations, 2008
Author | Nwogu, Tochi Obinna |
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Title | THE LEGAL FRAMEWORK FOR THE PROTECTION OF INVESTMENTS IN NIGERIA IN COMPARISON TO CHINA |
Summary | Every country needs economic growth and development. One of ways a country can achieve and sustain economic growth and development is to attract investments (both local and foreign) to its economy. Investments bolster the Gross Domestic Product and Per Capita Income of a country which are indicators for measuring the growth of an economy . Every country is therefore wooing investors to invest in their economy and there is a subtle competition among countries to attract investors. Accordingly, this gives investors, especially foreign investors ample choices to decide on where to invest. The fundamental reason of investment is to make returns and returns can only be made where there are enabling environment for investment to thrive. An investor (foreign investor) therefore considers among other things, the whole business environment of a country in his decision of where to invest. One of the effective ways to lure an investor to a country is to enact good investment laws that adequately protect the interest and concerns of investors especially the foreign investors. Nigeria and China, with large markets in Africa and Asia respectively, have an advantage to attract foreign investments to their economies if both countries have good investment legislations that adequately protect investments and also offer irresistible incentives to investments. Against this milieu, this work therefore examines the legal systems of both countries to find out how well their legislations and enforcement mechanisms protect investments especially against non-commercial risks and also provide incentives for investments. |
Supervisor | Stefan Messmann |
Department | Legal Studies LLM |
Full text | https://www.etd.ceu.edu/2008/nwogu_tochi.pdf |
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