
James A. Dorn
The threat Islamic extremism and ISIS in particular poses to security and eventually to longer term business and investment conditions was underscored in November when parts of Paris were attacked by gunmen and suicide bombers. Some 129 people were murdered and hundreds wounded. The Paris incidents were preceded this year by numerous onslaughts.
The sharp defeat of Narendra Modi’s Bharatiya Janata Party in the state of Bihar has put the prime minister’s reform plan and political legacy at risk. Despite his overwhelming victory in last year’s national election, his government has failed to overhaul the legal barriers and regulatory excesses which have left an economy full of entrepreneurial people mired in poverty.
I just gave the keynote address at a conference for high school administrators and teachers of career academies and vocational schools on Long Island, New York. It’s one I particularly enjoyed because I have been an enthusiastic advocate for technical and career schools for many years as they quickly and affordably prepare students for careers that command a living wage.
In the coming debate over the Trans-Pacific Partnership (TPP), one of the most controversial issues is likely to be Investor–State Dispute Settlement (ISDS), a legal mechanism in many trade agreements and investment treaties by which foreign investors can sue host governments in an international tribunal. For lawyers who specialize in these issues, the rhetoric about ISDS can be extremely frustrating.
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