Objective
Given that their main function is to forge durable commitments, it is notable that many international treaties have changed over time through the increasingly common practice of renegotiation. While some agreements have remained intact after their initial conclusion, others are amended, updated, or replaced. Why are some international agreements renegotiated while others remain stable? Despite growing interest in agreement flexibility and renegotiation provisions as an institutional design outcome, extant research has not addressed the question of renegotiation itself with much depth or rigor. This interdisciplinary project will offer a systematic analysis of treaty renegotiation by presenting theoretical propositions and testing them in the context of bilateral investment treaties (BITs). With over 150 BITs having been renegotiated since the early 1990s, this set of treaties provides a nice laboratory for studying the phenomenon. Building on contract theory and the rational design literature, I intend to develop a set of testable hypotheses on renegotiation based on three mechanisms: overcoming uncertainty through learning, exogenous changes in circumstances, and shifts in the balance of bargaining power between the parties to the treaty. This framework will be evaluated with a combination of qualitative and quantitative approaches that include in-depth interviews of government officials and other individuals engaged in BIT-related policies, content analysis of investment treaties, and a large-N regression analysis. This aspect of the project involves the completion of an original data base of all renegotiated BITs and their content, which is currently not available.
Fields of science (EuroSciVoc)
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP7-PEOPLE-2012-CIG
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Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
MC-CIG - Support for training and career development of researcher (CIG)
Coordinator
91904 Jerusalem
Israel
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.