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Investment protection: determination of legal aspects with reflecting to the innovations to ensure sustainable growth of the Slovak Republic

Author

Listed:
  • Mykola Sidak

    (Bratislava University of Economics and Management, Slovakia)

  • Luboš Cibák

    (Bratislava University of Economics and Management, Slovakia)

  • Edita Hajnišová

    (Comenius University in Bratislava, Slovakia)

Abstract

Ensuring sustainable growth of the Slovak Republic is not possible without effective state investment policy. The most important pillar of the analysis by investors is protection (guaranties, insurance) of investments. The research was based on analysis of main protection institutes of investments in Slovak Republic and member states of the European Union for example: multilateral and bilateral treaties on protection of investments, fair equitable treatment, full protection and security, non-discrimination standards, national fonds guarantying investments, government guaranties and international, european and national legislation on investments, protection of investments by arbitration courts. Chosen decision of courts were subjects of analysis, their interpretation and common consent of their application. Base on research, the author proposed de lege ferenda for more effective legislation in investments and sustainable economic growth.

Suggested Citation

  • Mykola Sidak & Luboš Cibák & Edita Hajnišová, 2020. "Investment protection: determination of legal aspects with reflecting to the innovations to ensure sustainable growth of the Slovak Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2350-2362, March.
    • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:3:p:2350-2362
    DOI: 10.9770/jesi.2020.7.3(59)
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    More about this item

    Keywords

    investment; investment protection; legal aspects; sustainability;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • K38 - Law and Economics - - Other Substantive Areas of Law - - - Human Rights Law; Gender Law; Animal Rights Law

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