381. Wooing foreign investors: Greenland should prepare for the next dispute
- Author:
- Rafael Cox Alomar and Ulrik Pram Gad
- Publication Date:
- 04-2024
- Content Type:
- Policy Brief
- Institution:
- Danish Institute for International Studies (DIIS)
- Abstract:
- Foreign direct investment (FDI) in energy and mining projects is critical for many resource-rich countries that wish to use their resources for economic development. However, from an investor perspective, projects are vulnerable to state intervention. Due to the intense global competition for FDI, countries therefore go to great lengths in assuring foreign investors that disputes will be resolved fairly. The current dispute over the Kuannersuit mining project demonstrates the legal and policy challenges facing Greenland as it aspires to economic and constitutional independence.
- Topic:
- Foreign Direct Investment, Mining, and Energy
- Political Geography:
- Greenland