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This volume represents a pattern that law-makers may use in modernizing existing foreign investment laws or in establishing a market-oriented framework to attract foreign investment. It utilizes a contractual approach to the relations between the foreign investor and the host State, limiting the administrative steps that might hinder the willingness of foreign investors to invest in a system which they perceive as burdensome, while at the same time preserving the right of the host State to regulate foreign investment within its borders.;Included in this volume are: annotations - explanatory notes, definitions of terms, and references to additional readings; a bibliography - articles, books, and international documents; and appendices - sample foreign investment application form; arbitration rules of the United Nations Commission on International Trade Law (UNCITRAL); and Convention on the Settlement of Investment Disputes between States and Nationals of Other States.