Calvo Doctrine

See Also

Drago doctrine.

The effects of a revolution may be beyond a state’s control, and so the response under state responsibility should not have to be greater for aliens than it is toward a state’s own citizens

The effects of a revolution may be beyond a state’s control, and so the response under state responsibility should not have to be greater for aliens than it is toward a state’s own citizens

Calvo doctrine in Global Commerce Policy

In this regard, calvo doctrine is: a doctrine prevalent in Latin American legal systems. The entries on trade policy are here. It holds that foreign nationals, and particularly foreign investors, are not entitled to seek protection from their governments in excess of that available to nationals of host countries. The entries on trade policy are here. In other words, it rejects any suggestion of privileged treatment for foreign investors. The doctrine in effect prevented countries ahering to it from concluding treaties for the protection of investment, and it had therefore a direct influence on investment flows. The entries on trade policy are here. It is named after Dr Carlos Calvo, an Argentinian lawyer and diplomat, who enunciated it in 1868.[1]

Calvo doctrinein the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Calvo doctrine” entry (OAS)

See Also