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  • © 2017

Large-Scale Land Investments in Least Developed Countries

Legal Conflicts Between Investment and Human Rights Protection

  • Discusses the important topic of large-scale land investments in developing countries from a law and economics perspective
  • Analyses to what extent the international legal framework protects the human right to property and to food
  • Provides insights for policy designers in order to improve the state of the art

Part of the book series: International Law and Economics (ILEC)

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xix
  2. Introductory Part

    • Luis Tomás Montilla Fernández
    Pages 1-31
  3. What Is ‘Land Grabbing’

    • Luis Tomás Montilla Fernández
    Pages 33-79
  4. International Law Conundrum

    • Luis Tomás Montilla Fernández
    Pages 81-204
  5. Opportunism in LSLI Contracts: An Economic View

    • Luis Tomás Montilla Fernández
    Pages 205-259
  6. Tackling Opportunism in LSLIs

    • Luis Tomás Montilla Fernández
    Pages 261-338
  7. Concluding Remarks

    • Luis Tomás Montilla Fernández
    Pages 339-344

About this book

This book analyses large-scale land investments for agricultural purposes in Africa’s least developed countries from a law and economics perspective. Focusing on the effects of foreign land investments on host countries’ local populations and the apparent failure of international law to create incentives to offset them, it also examines the legal and economic mechanisms to hold investors accountable in cases where their investment leads to human rights violations. Applying principal agent and contract theory, it elucidates the sources of opportunism and develops control mechanisms to ameliorate the negative effects. It shows that although judicial mechanisms fail to deliver justice, international law offers alternatives to safeguard against arbitrary and abusive state and investor conduct, and also to effectuate human rights and, thus, tackle opportunistic behaviour.

Authors and Affiliations

  • Institute of Law and Economics, University of Hamburg, Hamburg, Germany

    Luis Tomás Montilla Fernández

About the author

Luis Tomás Montilla Fernández, LL.M, was a doctoral researcher at the University of Hamburg Graduate School in Law and Economics since October 2010. His research focusses on the mechanisms provided by International Law to promote foreign direct investments and  human rights, specifically the right to property and the right to food, both in the law making processes as well as in the settlement of investment disputes. He is currently working on the social impacts of large-scale investments in sub-Saharan Africa, including the effects of foreign investment in agriculture in Africa on the lives of local farmers; legal-philosophical aspects of investment law, and; on the promotion of Human Rights in international investment arbitration cases. 
Luis has published papers on the subjects of international investment law and human rights, has presented his work at conferences in Europe, Africa, and Asia and has been a panelist on topics associated with his research areas. 
Luisis a member of the Society of International Economic Law (SIEL), the German-Chinese Lawyers Association (DCJV), and was part of the Board of Postgraduate and Early Professionals/Academics Network of the Society of International Economic Law (PEPA/SIEL). Luis was invited by FIDH to join the group of experts to visit Belarus and draft the CESCR 2013 report. He has been a visiting researcher at the University of Ghana in Accra, the University of California in Berkeley, Columbia University in New York and University St. Gallen, Switzerland. Before joining the Institute of Law & Economic in Hamburg, Luis obtained his LL.M. degree at the Albert-Ludwig University in Freiburg im Breisgau (Germany), summa cum laude. Previously, Luis practiced law in Venezuela, studied legal sciences and obtained the degree and Venezuelan lawyer license (Abogado) with honours cum laude.


Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access