scholarly journals Do the SALINI Criteria apply to the Definition of an Investment provided in Annex 1 of the 2006 and 2016 SADC Protocol on Finance and Investment? An Assessment

Author(s):  
Lawrence Ngobeni

An investment is the subject matter of an investor-state dispute. Therefore there can be no such dispute if there is no investment to which the dispute relates. The challenge in this regard lies in that there is no uniform definition of an investment in international economic law, and with regard to investor-state disputes in particular. Bilateral Treaty Agreements (BITs), Treaties with Investment Provisions (TIPs), investment contracts and legislation provide different definitions of an investment. However, these definitions are not always final or sufficient, since there are different methods of assessing the existence of an investment, depending on the applicable arbitration rules. Arbitration tribunals formed in terms of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States of 1965 (ICSID Convention) follow a two-step process, which starts with a consideration of the definition of an investment in terms of the underlying regulatory instrument, followed by a consideration of the provisions of Article 25(1) of the ICSID Convention. Salini Construttori S.P.A and Italstrade S.P.A v Kingdom of Morocco is a landmark ICSID case that proposed the criteria that an investment must meet. On the other hand, investor-state arbitrations based on the UNCITRAL Rules Arbitration or other non-ICSID rules consider the definition of an investment provided in a regulatory instrument only. However, the tribunal in Romak S.A (Switzerland) v Republic of Uzbekistan held that the Salini criteria are applicable to UNCITRAL arbitration, and by implication, other non-CSID arbitrations. The 2006 Annex 1 of the SADC Protocol on Finance and Investments (SADC FIP) defines an investment as any asset group, while the 2016 Annex 1 defines an investment as an incorporated enterprise. Furthermore, the 2006 Annex 1 refers disputes to ICSID or UNCITRAL arbitration, while the 2016 Annex 1 refers disputes to the courts of host states. This article explores the responses of selected tribunals to the Salini criteria. It seeks to determine whether the Salini criteria can be applied to the 2006 and/or 2016 Annex 1, and if so, what the implications thereof are to the scope of investments that can be covered by these instruments.  

Author(s):  
Asif Qureshi ◽  
Xuan Gao ◽  
Jeong Ah Lee

In general, international economic law (IEL) is concerned with the governance of international economic relations between states as they affect individuals in a state, including in particular their relations inter se across national boundaries. As such, the principal preoccupations of IEL involve international trade, international investment, international monetary and financial law, and international development law. A traditional drive for this normative framework has been the facilitation of the optimal allocation and use of national and international resources for the development of all the people of the world. Defining IEL is a complex process involving a bundle of questions that need to be understood at the outset before any firm definition is articulated. The process involves first and foremost the “is” question: What is IEL? This question involves a consideration of the legal sources of IEL, the subject matter that is the object of IEL disciplines, and the subjects that are subject to IEL. Second, the process involves the “ought” question: How should IEL be redefined? This can be in terms of its sources, its subjects, and subject matter, even in terms of its very objectives. Third, the process involves refocusing from a global perspective to a closer, microlevel scrutiny of the subject. At this level, the questions focus on defining the sets of regimes that make up the international economic system and configuring them in relation to each other and the international economic system as a whole, including the system of IEL in the wider international order. Fourth, another subtext of the process of defining IEL involves inquiring into how international economic governance should be allocated among the state, region, and multilateral levels. Finally, the process of defining IEL is a dynamic process and involves a constant appraisal of whether international economic relations are developing in such a manner that corresponding adjustments to the definition of IEL are called for. The process of defining IEL in this manner elevates the question from a mere academic discourse to one of the most profound inquiries in international economic relations, one that is highly relevant to informing our responses to contemporary international economic problems and that is ubiquitous in all manner of national, regional, and multilateral economic governance. The approach to IEL herein is from the perspective of public international law, with a focus on the traditional preoccupations with world trade, money and finance, investment and taxation, and international development law.


Author(s):  
Karin Balsgart

This paper argues that one of the reasons that existing bilingual (Danish -> English) LSP dictionaries are unsatisfactory is that insufficient emphasis is attached to the question of defining and delimiting the subject-matter covered, in respect of both the overall selection of entries and the choice and application of field labels. More detailed grammatical considerations are of no real importance in remedying this situation because there is no such thing as a special LSP grammar. An interdisciplinary approach, on the other hand, would seem to offer good prospects, always providing that the linguistic insight is not confined to lexicographic theory and principles but extends to intimate knowledge of both languages. A relatively narrow definition of potential users and uses would also seem beneficial. A number of so-called "business", "technical" and "specialised" dictionaries are reviewed in substantiation of this argument.


2004 ◽  
Vol 10 (2) ◽  
pp. 86-87
Author(s):  
Sherrie Martinie ◽  
Cheryl Marcoux

According to Marilyn Burns, students will define mathematics based on how they do math. If the majority of their time is spent reciting a list of properties and following a sequence of steps to solve equations, students will think that algebra involves only memorizing a list of rules. If they spend most of their time in geometry practicing vocabulary, they will look at it as simply being a subject in which they spout back definitions. If they spend the majority of their time on paper-and-pencil computation, they will think that mathematics simply involves performing isolated operations on numbers (Burns 1995). On the other hand, students will have a very different definition of the subject if the focus in the mathematics class is on understanding concepts and developing meaningful procedures. Students can learn all of the activities above in a way that will allow them to apply these skills to new situations or know when to use a particular skill or piece of factual knowledge.


2018 ◽  
Vol 70 (1) ◽  
pp. 291-312
Author(s):  
Anna Tarnowska

The following contribution is devoted to the informative and political journalism of the Stanislaw II Augustus era. It may constitute a secondary source for the research of law historians, particularly in the studies of the history of the system of government. Among other things, the article refers to “The Index of Bills” (Polish Seriarz Projektów do Prawa) which may be regarded as the first Polish legal periodical. Special attention is devoted to two landmark journals of the Great Sejm period, namely “The National and Foreign Newspaper” (Polish Gazeta Narodowa i Obca) and “The Historical, Political and Economical Journal” (Polish Pamiętnik Historyczno-Polityczno-Ekonomiczny), as well as to their editors. “The National and Foreign Newspaper” became the most popular contemporary periodical (1791-1792) which promulgated the subject matter of the proceedings and the effects of the legislative work of the Great Sejm. Moreover, it was shaping political sympathies of its readers in a relatively subtle way. On the other hand, particular commitment to politics and social policy was expressed by Piotr Świtkowski who was the editor and the publisher of “The Historical, Political and Economical Journal” (1782-1792). The end of both publications was brought about by the legal acts of the Targowica Confederation.


Author(s):  
عبد المهدي هاشم (Abdel Mahdi Hasyim al-Jarrah)

ملخص البحث:   يهدف هذا البحث إلى دراسة الوظائف العلائقية للشرط في نماذج من الحديث النبوي الشريف دراسة نحوية نصية؛ وذلك لإبراز مظاهرها من جهة، وبيان دورها البنائي لنص الحديث من جهة أخرى. تناول البحث بداية مفهوم الشرط، ثم التعالق الشرطي بوصفه بنية نحوية نصية، وانتقل بعد ذلك إلى الوظائف العلائقية للشرط في نصوص الحديث النبوي الشريف. قام الباحث بعملية استقرائية تحليلية لنصوص الأحاديث النبوية الشريفة، وقد اختار عينات ممثلة لبنية الشرط في هذه الأحاديث، معتمداً على نسخة "صحيح" البخاري. للبحث منهج خاص تمثل في تركيزه على جانب العلاقات، والدخول في إبراز الوظائف العلائقية من منظور لساني حديث، وليس من منظور وصفي، فالغــرض هو التحــليل والغوص في أعمــاق الأثر اللساني النصي للشرط في نص الحديث، أي: سبر أغوار الشــرط في نص الحديث من منـــظور نحوي نصي، وله أيضاً ميزة خاصة تتمثل في أنه يبحث في كلام سيد الكائنات صلى الله عليه وسلــم، وإنها رحــــلة عذبة، تدفع في النفس السرور والراحة والطمأنينة، وإنه باعث على التعلم الجاد والتعليم الفاعل. انتهى البحث إلى أن وظائف الشرط العلائقية قد أثرت بصورة فاعلة في بناء نص الحديث، وقد تمثلت هذه الوظائف بتأسيس مبدأ الدورية، ثم الوظيفة التسلسلية التوضيحية، وبناء استراتيجية الحوار، والتواتر الإحالي، وتأسيس التوازي، وأخيراً البعد التحديدي بأنواعه: المستقل، والتبعي، والسببي.الكلمات المفتاحية: الوظائف- العلائقية- الشرط- نحو النص- الحديث النبوي.Abstract:This paper attempts to study grammatically and textually the functions of conditional phrase in selected of the Prophet’s Traditions. It aims at pointing out its features on one hand, and explaining its structural role on the other. It begins with the definition of conditional phrase, its relational condition as a textual grammatical structure. The relational functions of condition in the prophetic sayings will be examined afterwards. The researcher uses deductive and analytical approach to examine the sayings from the collection of Ṣaḥiḥ al-Bukhārī in order to find the relational functions of the conditional phrase from the perspective of modern linguistic but not descriptively. This is in order to uncover and analyze the depth of textual linguistic presence of conditional phrase in the Prophet’s Traditions. The study is special in the sense that it studies the Prophet’s Traditions and it   worthy endeavor that brings comfort and excitement to the souls. It brings   to a serious learning and teaching undertaking of the subject matter. The study concludes that functional relational conditions have significant influence on the structure of the sayings. These functions are apparent in the principle of periodicity and have the serial function that aims to explain. It also helps to build conversation strategy, referential succession and the determinative dimension with it categories; independent, consequential and causal.Keywords: Functions– Relational– Condition– Textual Grammar– Prophetic Sayings. Abstrak:Makalah ini membincangkan fungsi-fungsi hubungan bagi frasa syarat dalam hadis Nabi terhadap tatabahasa teks; iaitu dengan menonjol dan menerangkan sifat-sifat serta peranan yang dimainkan oleh frasa syarat sebagai frasa berstruktur. Makalah ini dimulai dengan definisi frasa syarat dan hubungannya sebagai struktur tatabahasa. Seterusnya, makalah ini mengkaji fungsi-fungsi hubungan bagi frasa syarat dalam hadis Nabi. Penyelidik telah menggunakan pendekatan deduktif dan analitis untuk mengkaji hadis-hadis yang terdapat dalam Ṣaḥiḥ al-Bukhārī, agar fungsi-fungsi hubungan bagi frasa syarat diperoleh menurut perspektif linguistik moden dan bukan secara deskriptif. Hal ini bertujuan untuk menyingkap dan menganalisa kewujudan teks linguistik bagi frasa syarat yang terdapat dalam hadis Nabi secara mendalam. Justeru, kajian ini penting dalam mengkaji sabda Rasul Allah S.A.W., malah merupakan antara usaha murni dalam mendalami hadis Nabi yang dianggap sebagai penawar hati dan penenang jiwa. Kajian mendapati fungsi-fungsi hubungan bagi frasa syarat meninggalkan kesan mendalam terhadap struktur hadis. Fungsi-fungsi ini diihat lebih jelas pada struktur berkala dan mempunyai fungsi bersiri yang bertindak sebagai penerangan. Ia juga dapat membantu dalam membina strategi perbualan dan penentu pelbagai dimensi iaitu bebas, akibat dan penyebab.     Kata kunci: Fungsi-fungsi- Hubungan- Syarat- Tatabahasa Teks- Hadis Nabi.


2019 ◽  
Vol 8 (1) ◽  
pp. 61-80
Author(s):  
Aishwarya Vatsa

We have been gifted with senses other than our eyes, which the non-conventional trademarks aim to employ and have thus gained popularity. These marks have gradually acquired acceptance and have been included under the ambit of trademarks in various countries of the world. Trademark law aims at facilitating profit and strengthening the identity of a business. Non-conventional marks too, perform the same function. The United States has taken a similar approach and has thus provided protection to various such non-conventional marks. India, on the other hand, is yet to take a similar approach. The present law in India disallows the registration of such marks, proving to be a hindrance in their registration, rather than a facilitator. This paper discusses the concept and definition of non-conventional marks, its subject matter and the prerequisites for its registration. By comparing the different approaches to non-conventional trademarks and the procedure for their registration across different countries, this paper aims at suggesting a model suitable for adoption in India.


Author(s):  
Deborah Z. Cass

This article analyzes some recurrent themes in that portion of the field which is sometimes referred to as international economic law, namely public international law structures that regulate economic relations and exchange between states, with a primary emphasis upon trade. It suggests that six features characterize current legal scholarship on international economic law relating to business and commerce: a focus on institutions and on constitutions as a means to enhance the authority and legitimacy of the rule-making order; an interdependence with wider scholarship about globalization; a general consensus about the benefits of liberalization and the international economic law framework which supports it, punctuated by occasional critique; a concentration on regulation rather than ‘law’ in the traditional sense; a fixation with the problem of definition of its own scope; and a belief in its transformative nature capable of facilitating improvements in the legal order generally. The aim of this article is to describe and analyse the broad contours of each of these features before critiquing them and suggesting some possible avenues of future research.


PEDIATRICS ◽  
1982 ◽  
Vol 70 (2) ◽  
pp. 234-234
Author(s):  

. . . Revolutions born in the laboratory are to be sharply distinguished from revolutions born in society. Social revolutions are usually born in the minds of millions, and are led up to by what the Declaration of Independence calls "a long train of abuses," visible to all; indeed, they usually cannot occur unless they are widely understood by and supported by the public. By contrast, scientific revolutions usually take shape quietly in the minds of a few men, under cover of the impenetrability to most laymen of scientific theory, and thus catch the world by surprise. . . . But more important by far than the world's unpreparedness for scientific revolutions are their universality and their permanence once they have occurred. Social revolutions are restricted to a particular time and place; they arise out of particular circumstances, last for a while, and then pass into history. Scientific revolutions, on the other hand, belong to all places and all times. . . . Works of thought and many works of art have a . . . chance of surviving, since new copies of a book or a symphony can be transcribed from old ones, and so can be preserved indefinitely; yet these works, too, can and do go out of existence, for if every copy is lost, then the work is also lost. The subject matter of these works is man, and they seem to be touched with his mortality. The results of scientific work, on the other hand, are largely immune to decay and disappearance.


Legal Studies ◽  
1992 ◽  
Vol 12 (2) ◽  
pp. 195-209 ◽  
Author(s):  
Gerard McCormark

Reservations of title clauses have enjoyed mixed fortunes in recent times at the hands of the courts in Britain. On the one hand, the House of Lords has upheld the validity and effectiveness of an ‘all-liabilities’ reservation of title clause. On the other hand, claims on the part of a supplier to resale proceeds have been rejected in a string offirst instance decisions. Reservation of title has however been viewed more favourably as a phenomenon in New Zealand. In the leading New Zealand case Len Vidgen Ski and Leisure Ltd u Timam Marine Supplies Ltd. a tracing claim succeeded. Moreover in Coleman u Harvey the New Zealand Court of Appeal gave vent to the view that the title of the supplier is not necessarily lost when mixing of goods, which are the subject matter of a reservation of title clause, has occurred. There are now a series of more recent New Zealand decisions, some of them unreported, dealing with many aspects of reservation of title.


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