Nationalization disputes over applicable law blocked the UN corporate code

Evidence

One of the stumbling blocks that we never overcame … was the question of which law would apply in the case of nationalization and compensation. The host countries said national law. The western countries said international law. Other related problems were issues of jurisdiction, transfer of profits, settlement of disputes, and political intervention” (Mousouris 2003). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1792

Categorization

• XREF: Connects to the reader’s underlying theme of North-South conflict over sovereignty and MNC regulation, echo of classic dependency-theory debates. — connects to: The UN abandoned MNC regulation in favor of corporate partnership within two decades — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1731; Developing countries conceded a voluntary, two-sided code for multinationals — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1793; North-South disagreement over compensation and sovereignty doomed the UN corporate code — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1795 (+2 more)

Broader Connections

• North-South disagreement over compensation and sovereignty doomed the UN corporate code #corroborates (0.85) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1795
• Two-thirds agreement on the UN corporate code masked irreconcilable North-South divides #corroborates (0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1796
• Near-complete code talks were abandoned due to NIEO political taint #expands (0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1800