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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
71

The challenge of cooperative government and its implications for the financial and fiscal management systems in South Africa

Tshambe Ngoy, Ntanda N'shii January 2009 (has links)
<p>Can a country function without a legislative framework able to inform decisionmaking processes taken at different spheres of government? To what extent would actions conducted at various&nbsp / spheres of government be efficiently coordinated and informed by appropriate channels of constitutional provisions and legislative amendments to consolidate financial and intergovernmental&nbsp / fiscal relations policy-making tools for the realization of an efficient local developmental state? Answers to the above mentioned two questions refer to normative fiscal policy principles and&nbsp / prescriptive instruments of intergovernmental fiscal transfer design, whose orientation suggests better ways of framing sound and coherent programs and interventions that strengthen&nbsp / cooperative synergy and transfer knowledge of experience gained in empirical investigations and various South African environments of higher academic learning. Growing evidence&nbsp / acknowledges South Africa as one of the young democratic countries that has been going through a period of transition over the past three years as it changes its system of public finance from&nbsp / a structure suited to the old apartheid system to one consistent with the new South African Constitutional dispensation. While the former system was highly centralized, the newconstitution makes a clear commitment to municipal governments as important providers of government services, with greater tax and spending powers. Even as local autonomy has been substantially increased,&nbsp / there remains uncertainty as to the most appropriate design of a system of intergovernmental fiscal grants to metropolitan areas and townships. This study analyses this situation and further&nbsp / develops a generic design for intergovernmental transfers and its suitability to the realities of South African municipalities on the ground within the framework of Cooperative Government. This&nbsp / study concludes that fiscal&nbsp / management, as a cross-cutting discipline, is a&nbsp / powerful instrument for government&rsquo / s revenue sources at the national, provincial and local government levels.&nbsp / Financial management should be regarded as a co-coordinating mechanism managing government&rsquo / s expenditure and catalyzing sound financial relationship for an efficient management in the&nbsp / country, thus allowing government to budget effectively for the delivery of goods and services in order to attain the constitutional mandate of a developmental state.</p>
72

The challenge of cooperative government and its implications for the financial and fiscal management systems in South Africa

Tshambe Ngoy, Ntanda N'shii January 2009 (has links)
<p>Can a country function without a legislative framework able to inform decisionmaking processes taken at different spheres of government? To what extent would actions conducted at various&nbsp / spheres of government be efficiently coordinated and informed by appropriate channels of constitutional provisions and legislative amendments to consolidate financial and intergovernmental&nbsp / fiscal relations policy-making tools for the realization of an efficient local developmental state? Answers to the above mentioned two questions refer to normative fiscal policy principles and&nbsp / prescriptive instruments of intergovernmental fiscal transfer design, whose orientation suggests better ways of framing sound and coherent programs and interventions that strengthen&nbsp / cooperative synergy and transfer knowledge of experience gained in empirical investigations and various South African environments of higher academic learning. Growing evidence&nbsp / acknowledges South Africa as one of the young democratic countries that has been going through a period of transition over the past three years as it changes its system of public finance from&nbsp / a structure suited to the old apartheid system to one consistent with the new South African Constitutional dispensation. While the former system was highly centralized, the newconstitution makes a clear commitment to municipal governments as important providers of government services, with greater tax and spending powers. Even as local autonomy has been substantially increased,&nbsp / there remains uncertainty as to the most appropriate design of a system of intergovernmental fiscal grants to metropolitan areas and townships. This study analyses this situation and further&nbsp / develops a generic design for intergovernmental transfers and its suitability to the realities of South African municipalities on the ground within the framework of Cooperative Government. This&nbsp / study concludes that fiscal&nbsp / management, as a cross-cutting discipline, is a&nbsp / powerful instrument for government&rsquo / s revenue sources at the national, provincial and local government levels.&nbsp / Financial management should be regarded as a co-coordinating mechanism managing government&rsquo / s expenditure and catalyzing sound financial relationship for an efficient management in the&nbsp / country, thus allowing government to budget effectively for the delivery of goods and services in order to attain the constitutional mandate of a developmental state.</p>
73

Direito Internacional dos Investimentos e o Brasil: uma perspectiva a partir do padrão de tratamento justo e equitativo / International investment law and Brazil: perspective under the fair and equitable treatment standard

Ely Caetano Xavier Junior 26 June 2014 (has links)
Petróleo Brasileiro S.A. / O crescente fluxo global de investimentos estrangeiros coloca o tema da regulação dos investimentos estrangeiros no cerne das preocupações do Direito Internacional. Em uma estrutura formal com diversos níveis, o Direito Internacional dos Investimentos passa por constantes readaptações e reconstruções. Diversas alternativas teóricas têm sido propostas para responder aos muitos questionamentos relativos ao futuro do Direito Internacional dos Investimentos. Ao longo das décadas, o Brasil optou por manter-se isolado do regime internacional de regulação de investimentos estrangeiros, de maneira que a questão permaneceu regulada inteiramente por um mosaico normativo disperso entre normas constitucionais e infraconstitucionais. O crescente papel do Brasil como país exportador de capitais especialmente em virtude da expansão da indústria do petróleo e gás levou à recente revisão das diretrizes de política externa em matéria de investimentos estrangeiros. A decisão de negociar acordos internacionais de investimentos pode trazer diversas consequências para o ordenamento jurídico doméstico, dentre as quais se destaca a interferência do padrão de tratamento justo e equitativo no exercício do poder regulatório pelo Estado. A recorrente invocação do padrão de tratamento justo e equitativo contrasta com as incertezas sobre seu conteúdo. Ainda que possa existir uma compatibilidade teórica entre esse padrão de tratamento e o Direito brasileiro, a exposição às interpretações criativas dos tribunais arbitrais pode representar um risco para o Brasil, que deve cuidadosamente avaliar a pertinência de incluir uma cláusula do padrão de tratamento justo e equitativo nos acordos atualmente em negociação. / The increasing global flow of foreign capitals raises the issue of the regulation of foreign investments at the core of the concerns of International Law. With a multi-layered formal structure, International Investment Law undergoes continuous readjustment and reconstruction. Several theoretical alternatives have been proposed in order to answer many questions concerning the uncertain future of International Investment Law. Brazil has chosen to remain isolated from the international regime regulating foreign investment and this matter remained fully regulated by an untidy mosaic of constitutional and infra-constitutional rules. The growing role of Brazil as a capital-exporter country especially due to the development of the oil and gas industry has led to a recent revision of foreign policy guidelines regarding foreign investment. The decision of negotiating international investment agreements may have several consequences to the domestic legal system. Standing out as one of the key consequences is the interference of the fair and equitable treatment standard in the exercise of regulatory powers by the State. The recurrent allusion to the fair and equitable treatment standard contrasts with the uncertainty about its normative content. Although there may be a theoretical compatibility between the fair and equitable treatment standard and the Brazilian law, the exposure of state measures to creative interpretations of arbitral tribunals may pose a risk to the country, which must carefully evaluate the appropriateness of including a clause on fair and equitable treatment standard in the agreements currently under negotiation.
74

The mechanics of assignments : functions and form

Tham, Chee Ho January 2016 (has links)
Choses in action are valuable assets. This has compelled (and been facilitated by) the development of legal devices such as equitable assignment to allow holders of choses to deal with them, inter vivos. This thesis makes two claims. First, equitable assignments are best conceived as a composite of a bare trust and an atypical agency where the assignee is authorised to invoke the assignor's entitlements against the obligor to the chose assigned, as the assignee pleases. On this conception, equitable assignments merely entail generation of a new set of jural relations as between assignor and assignee. Though these affect how the jural relations between assignor and obligor are to be discharged, those jural relations are left intact and unchanged, unless the requirements for 'statutory' assignments have been satisfied. Second, 'statutory' assignments are regulatory in effect. Where a debt or other chose in action has been validly equitably assigned and the requirements in s 136(1) Law of Property Act 1925 are satisfied, the specific entitlements set out in sections 136(1)(a), (b) and (c) will be passed from the assignor and transferred to the assignee. But that is only true with regards entitlements falling within those provisions, and the set of entitlements listed therein is not exhaustive. The composite model of equitable assignment, and the clarification of the nature of 'statutory' assignment, reduces confusion over their operation and effects. Accordingly, this thesis tempers the urge towards legislative reform of the law of assignment: reform may not be needed since the law is not incoherent, though it is certainly complex. And if targeted law reform to simplify the law on assignment be thought desirable, it is as well to know what one is reforming.
75

[en] A STUDY ON EDGE AND TOTAL COLORING OF GRAPHS / [pt] UM ESTUDO SOBRE COLORAÇÃO DE ARESTAS E COLORAÇÃO TOTAL DE GRAFOS

ANDERSON GOMES DA SILVA 14 January 2019 (has links)
[pt] Uma coloração de arestas é a atribuição de cores às arestas de um grafo, de modo que arestas adjacentes não recebam a mesma cor. O menor inteiro positivo para o qual um grafo admite uma coloração de arestas é dito seu índice cromático. Fizemos revisão bibliográfica dos principais resultados conhecidos nessa área. Uma coloração total, por sua vez, é a aplicação de cores aos vértices e arestas de um grafo de modo que elementos adjacentes ou incidentes recebam cores distintas. O número cromático total de um grafo é o menor inteiro positivo para o qual o grafo possui coloração total. Dada uma coloração total, se a diferença entre as cardinalidades de quaisquer duas classes de cor for no máximo um, então dizemos que a coloração é equilibrada e o menor número inteiro positivo que satisfaz essa condição é dito o número cromático total equilibrado do grafo. Para tal valor, Wang (2002) conjecturou um limite superior. Um grafo multipartido completo balanceado é aquele em que o conjunto de vértices pode ser particionado em conjuntos independentes com a mesma quantidade de vértices, sendo adjacentes quaisquer dois vértices de diferentes partes da partição. Determinamos o número cromático total equilibrado dos grafos multipartidos completos balanceados, contribuindo, desta forma, com novos resultados na área de coloração de grafos. / [en] An edge coloring is the assignment of colors to the edges of a graph, so that adjacent edges do not receive the same color. The smallest positive integer for which a graph admits an edge coloring is said to be its chromatic index. We did a literature review of the main known results of this area. A total coloring, in turn, is the application of colors to the vertices and edges of a graph so that adjacent or incident elements receive distinct colors. The total chromatic number of a graph is the least positive integer for which the graph has a total coloring.Given a total coloring, if the difference between the cardinality of any two color classes is at most one, then we say that the coloring is equitable and the smallest positive integer that satisfies this condition is said to be the graph s equitable total chromatic number. For such value, Wang (2002) conjectured an upper bound. A complete multipartite balanced graph is the one in which the set of vertices can be partitioned into independent sets with the same quantity of vertices, being adjacent any two vertices of different parts of the partition. We determine the equitable total chromatic number of complete multipartite graphs, contributing, therefore, with new results in the area of graph coloring.
76

Neighbour-distinguishing decompositions of graphs / Décompositions de graphes voisins-distinguantes

Senhaji, Mohammed 14 September 2018 (has links)
Dans cette thèse nous explorons différentes décompositions de graphes. Le titre de la présente thèse est dû au fait que la majorité de ces décompositions sont des décompositions voisin-distinguantes. En d'autres mots, nous pouvons en extraire des colorations propres des sommets. La question principale présentée dans cette thèse a été introduite par Karoński, Łuczak et Thomason: Est il possible de pondérer les arêtes d'un graphes avec les poids 1, 2 et 3, afin que tous les sommets voisins soient distingués par la somme des poids de leurs arêtes incidentes ? Cette question deviendra plus tard la fameuse 1-2-3 Conjecture. Nous présentons différentes variantes de la 1-2-3 Conjecture, ainsi que leurs liens avec les décompositions localement irrégulières. Nous nous intéressons tant à des problèmes d'optimisation qu'à des problèmes algorithmiques. Nous commençons par introduire une variante équitable des arête-pondérations voisin-somme-distinguantes, où chaque poids doit être utilisé le même nombre de fois (à l'unité près). Ensuite nous présentons une variante injective ou chaque poids est utilisé au plus une seule fois. Ce qui est un cas particulier de la variante équitable. De plus les pondérations injectives sont une variante locale des étiquetages anti-magiques. Ensuite nous modifions les conditions de distinction entre voisin en introduisant une variante 2-distinguante. les pondérations voisins-somme-2-distinguantes requierent que deux sommets voisins dans le graphe aient des sommes incidentes qui diffèrent d'au moins 2. Nous étudions le poids maximum minimal dans de telles pondérations pour certaines familles de graphes, ainsi que des problèmes de complexité. Dû aux liens entre les pondérations voisins-sommet-distinguantes et les décompositions localement irrégulières, nous nous sommes aussi intéressé à ces dernières, particulièrement pour les graphes sub-cubiques, ainsi qu'à d'autres variantes des décompositions localement irrégulières. Finalement nous présentons un jeu de pondérations à deux joueurs, ainsi qu'une théorie de décompositions qui unifie les pondérations voisin-somme-distinguantes et les décompositions localement irrégulières. / In this thesis we explore graph decompositions under different constraints. The title of the is due to the fact that most of these decompositions are neighbour-distinguishing. That is, we can extract from each such decomposition a proper vertex colouring. Moreover, most of the considered decompositions are edge partitions, and therefore can be seen as edge-colourings. The main question presented in this thesis is was introduced by Karoński, Łuczak and Thomason in [KLT04]: Can we weight the edges of a graph G, with weights 1, 2, and 3, such that any two of adjacent vertices of G are distinguished by the sum of their incident weights ? This question later becomes the famous 1-2-3 Conjecture. In this thesis we explore several variants of the 1-2-3 Conjecture, and their links with locally irregular decompositions. We are interested in both optimisation results and algorithmic problems. We first introduce an equitable version of the neighbour-sum- distinguishing edge-weightings, that is a variant where we require every edge weight to be used the same number of times up to a difference of 1. Then we explore an inject- ive variant where each edge is assigned a different weight, which yields necessarily an equitable weighting. This gives us first general upper bounds on the equitable version. Moreover, the injective variant is also a local version of the well-known antimagic la- belling. After that we explore how neighbour-sum-distinguishing weightings behave if we require sums of neighbouring vertices to differ by at least 2. Namely, we present results on the smallest maximal weight needed to construct such weightings for some classes of graphs, and study some algorithmic aspects of this problem. Due to the links between neighbour-sum-distinguishing edge weightings and locally irregular decompositions, we also explore the locally irregular index of subcubic graphs, along with other variants of the locally irregular decomposition problem. Finally, we present a more general work to- ward a general theory unifying nsd edge-weightings and locally irregular decompositions. We also present a 2-player game version of neighbour-sum-distinguishing edge-weightings and exhibit sufficient conditions for each player to win the game.
77

Aspekte van statutêre minderheidsbeskerming in die Suid-Afrikaanse maatskappyereg

Hurter, E. (Estelle), 1955- 07 1900 (has links)
Text in Afrikaans / Daar is 'n toenemende bewuswording van die noodsaaklikheid van effektiewe beskerming vir minderhede. Die rede vir hierdie toenemende erkenning aan die behoefte aan minderheidsbeskerming is waarskynlik toe te skryf aan die beset dat dit nie alleen die minderheidsaandeelhouers is wat skade ly in geval van benadelende optrede nie, maar ook die ekonomie. Maatskappye word ingevolge die beginsel van meerderheidsbewind bestuur, met die gevolg dat die minderheid onderworpe is aan die wil van die meerderheid. Die minderheid kan hulself hierdeur in 'n onbenydenswaardige posisie bevind, veral indien die meerderheid hul mag aanwend om hul eie belange te bevorder. Gemeenregtelik is die reel in Foss v Harbottle 'n struikelblok vir minderheidsaandeelhouers wat gedingvoering beoog. In 'n poging om die gebrekkige gemeenregtelike beskerming van minderhede te ondervang, is bepaalde statutere maatreels ingevoer. Die evaluasie van hierdie maatreels geskied aan die hand van 'n regsvergelykende ondersoek na verskeie buitelandse stelsels, waarvan die van Nieu-Seeland en Kanada uit staan vanwee die innoverende aard van hul statutere beskermingsmaatreels. Die gevolgtrekking is dat die beskerming wat die Suid-Afrikaanse statutere maatreels aan minderhede bied, onbevredigend is om verskeie redes. Eerstens is hierdie maatreels dikwels te eng bewoord wat daartoe lei dat die aanwendingsveld van die maatreels beperk is. Tweedens hou die maatreels nie tred met ontwikkelings elders in die wereld en veranderende omstandighede en behoeftes in die praktyk nie. Derdens ontbreek goed geformuleerde remedies wat aanvullend tot artikel 252 van die Wet sal wees. Daar is verder bevind dat ad hocwysigings van bestaande maatreels nie die gewenste resultaat gaan bereik nie en 'n algehele hervorming van die Suid-Afrikaanse maatskappyereg word aanbeveel. Ten slotte word konkrete voorstelle in die vorm van konsepwetgewing gemaak en word vergesel van verduidelikende notas. Hierdie wetgewing is hoofsaaklik aan die hand van die Nieu-Seelandse en Kanadese modelle geformuleer. / There is a growing awareness of the need for effective protection of minority shareholders. This can probably be ascribed to the acknowledgement of the fact that prejudicial conduct harms not only minority shareholders, but also the economy at large. Companies are governed by the principle of majority rule; consequently the minority is subjected to the will of the majority. This often places the minority in an invidious position, especially when the majority use their power to further their own interests. The rule in Foss v Harbottle presents a stumbling block to minority shareholder action. Certain statutory measures have been introduced in an effort to counter defective minority protection. These statutory measures are evaluated in the light of a comparative study of several foreign jurisdictions, the most prominent of which are New Zealand and Canada, because of the innovative nature of the measures which they employ. The conclusion arrived at is that, for various reasons, the protection afforded minorities by the South African statutory measures is unsatisfactory. Firstly, the wording of these measures is narrowly construed; this in turn results in a narrow field of application. Secondly, these measures are not in step with developments elsewhere in the world and with the changing circumstances and needs in practice. Thirdly, well-formulated remedies needed in order to supplement section 252 of the Act are non-existent. It has also been found that ad hoc amendments of existing measures will not achieve the required result, and consequently a complete reform of South African company law is recommended. Finally, specific recommendations in the form of draft legislation are made; these are accompanied by explanatory notes. This draft legislation was formulated primarily along the lines of the New Zealand and Canadian models. / Private Law / LL.D.
78

A redução equitativa da indenização e as atividades de risco previstas no artigo 927, parágrafo único, do Código Civil : uma abordagem jurídico-econômica

Cascaes, Amanda Celli January 2018 (has links)
A presente dissertação visa a analisar a cláusula de redução equitativa da indenização, introduzida no ordenamento jurídico brasileiro por meio do artigo 944, parágrafo único, do Código Civil de 2002. A aplicação da referida norma suscita intensos debates na doutrina e jurisprudência brasileiras, em especial no que tange à possibilidade de aplicação aos casos de responsabilidade objetiva. Nesse sentido, poder-se-ia argumentar que a redução da indenização impactaria na finalidade da norma expressa no artigo 927, parágrafo único, do Código Civil, inclusive no que tange aos incentivos para prevenção de danos. A partir de uma análise do contexto, evolução jurídica do conceito e seus elementos e funções, é realizada uma avaliação da possibilidade de aplicação e respectivos requisitos para a utilização do instituto de forma sistêmica e em consonância com o ordenamento jurídico vigente. Considerando que a Law and Economics permite ao intérprete antever os impactos da aplicação da norma na conduta dos agentes econômicos, em especial na internalização dos custos de prevenção, que são consequência direta de uma análise de custo e beneficio entre a prevenção e o pagamento da indenização pela causação de um dano, consiste em importante ferramenta à disposição da comunidade jurídica para a análise do terna proposto. Deste modo, o terna será analisado à luz da doutrina da Law and Economics, que traz importantes contribuições para a discussão do tema, que afeta de forma direta o comportamento dos agentes de mercado que desenvolvem atividades consideradas de risco. / The present dissertations aims at analyzing the equitable reduction o f indemnification, introduced in Brazilian legal system tbrough article 944, sole paragraph, o f the Civil Code of 2002. The application o f such rule raises intense debates in the Brazilian doctrine and case law, especially with regard to the possibility of application to cases of strict liability. In this sense, it could be argued that the reduction of indemnification would affect the purpose of the rule foreseen in article 927, sole paragraph, o f the Civil Code, including with regard to incentives to the prevention of damage. From an analysis ofthe context, legal evolution ofthe concept and its elements and functions, an evaluation is conducted to assess the applicability and respective requirements for the use of the institute in a systemic way and in accordance with the current legal system. Given that Law and Economics allows the interpreter to foresee the impacts that the application of the rule will have on the conduct of economic agents, especially regarding the internalization of prevention costs, which are a direct consequence of a cost and benefit analysis between prevention and payment of compensation due to a damage caused, it is an important tool available to the legal co=unity for the analysis of the proposed theme. Therefore, the subject will be analyzed in light ofthe Law and Economics doctrine that brings important contributions to the discussion, which directly affects the behavior of market agents who carry out activities considered risky.
79

O direito à convivência comunitária: a criança e o adolescente no contexto urbano / The right to community life: children and adolescents in the urban

Benedicto de Vasconcellos Luna Gonçalves Patrão 23 August 2010 (has links)
A opção pelas gated communities fez desaparecer dos espaços de convivência comunitária considerados a primeira vítima colateral de uma cidade que perde a árdua luta enfrentada para resistir ao avanço do isolamento espacial dos moradores grande parte dos atrativos da vida citadina. Diante da importância do ambiente público na formação da criança e do adolescente, a questão envolvendo a tutela da convivência comunitária está inegavelmente baseada na necessidade da efetivação de políticas públicas voltadas para a revitalização e readequação dos espaços urbanos, a fim de resguardar a qualidade de vida daqueles que merecem especial proteção do Estado. Sob este prisma, portanto, que esta obra será desenvolvida. Pretende-se demonstrar que, em relação à criança e ao adolescente, hodiernamente entendidos como pessoas humanas que merecem especial atenção da família, sociedade e Estado, a tutela da convivência comunitária representa um Direito Fundamental, em paralelo ao direito à convivência familiar, em que ambos estão igualmente previstos na norma constitucional, através do artigo 227 da Constituição da República Federativa do Brasil de 1988, e infraconstitucional, por meio dos artigos 4 e 19 do Estatuto da Criança e do Adolescente. / Gated communities option by the end of community interaction spaces considered the first victim sibling of a city that loses the arduous struggle faced to withstand the advancement of spatial isolation of residents most of the attractions of the city life. Considering the importance of public education of children and adolescents, the issue involving the community coexistence is undeniably based on need effective public policies targeted to the revitalization and readjustment of urban spaces, seeking to safeguard the quality of life of those who deserve special protection by the State. He, therefore, that this work will be carried out. To demonstrate that, in relation to children and adolescents, hodiernamente understood as human beings that deserve special attention from the family, society and State, the Fellowship Community represents a fundamental right, in parallel to the right to family life, in which both are also provided for in the constitutional standard, through article 227 of the Constitution of the Federative Republic of Brazil 1988 and infraconstitucional, by means of article 4 and 19 of the Statute of the child and adolescent.
80

Direito Internacional dos Investimentos e o Brasil: uma perspectiva a partir do padrão de tratamento justo e equitativo / International investment law and Brazil: perspective under the fair and equitable treatment standard

Ely Caetano Xavier Junior 26 June 2014 (has links)
Petróleo Brasileiro S.A. / O crescente fluxo global de investimentos estrangeiros coloca o tema da regulação dos investimentos estrangeiros no cerne das preocupações do Direito Internacional. Em uma estrutura formal com diversos níveis, o Direito Internacional dos Investimentos passa por constantes readaptações e reconstruções. Diversas alternativas teóricas têm sido propostas para responder aos muitos questionamentos relativos ao futuro do Direito Internacional dos Investimentos. Ao longo das décadas, o Brasil optou por manter-se isolado do regime internacional de regulação de investimentos estrangeiros, de maneira que a questão permaneceu regulada inteiramente por um mosaico normativo disperso entre normas constitucionais e infraconstitucionais. O crescente papel do Brasil como país exportador de capitais especialmente em virtude da expansão da indústria do petróleo e gás levou à recente revisão das diretrizes de política externa em matéria de investimentos estrangeiros. A decisão de negociar acordos internacionais de investimentos pode trazer diversas consequências para o ordenamento jurídico doméstico, dentre as quais se destaca a interferência do padrão de tratamento justo e equitativo no exercício do poder regulatório pelo Estado. A recorrente invocação do padrão de tratamento justo e equitativo contrasta com as incertezas sobre seu conteúdo. Ainda que possa existir uma compatibilidade teórica entre esse padrão de tratamento e o Direito brasileiro, a exposição às interpretações criativas dos tribunais arbitrais pode representar um risco para o Brasil, que deve cuidadosamente avaliar a pertinência de incluir uma cláusula do padrão de tratamento justo e equitativo nos acordos atualmente em negociação. / The increasing global flow of foreign capitals raises the issue of the regulation of foreign investments at the core of the concerns of International Law. With a multi-layered formal structure, International Investment Law undergoes continuous readjustment and reconstruction. Several theoretical alternatives have been proposed in order to answer many questions concerning the uncertain future of International Investment Law. Brazil has chosen to remain isolated from the international regime regulating foreign investment and this matter remained fully regulated by an untidy mosaic of constitutional and infra-constitutional rules. The growing role of Brazil as a capital-exporter country especially due to the development of the oil and gas industry has led to a recent revision of foreign policy guidelines regarding foreign investment. The decision of negotiating international investment agreements may have several consequences to the domestic legal system. Standing out as one of the key consequences is the interference of the fair and equitable treatment standard in the exercise of regulatory powers by the State. The recurrent allusion to the fair and equitable treatment standard contrasts with the uncertainty about its normative content. Although there may be a theoretical compatibility between the fair and equitable treatment standard and the Brazilian law, the exposure of state measures to creative interpretations of arbitral tribunals may pose a risk to the country, which must carefully evaluate the appropriateness of including a clause on fair and equitable treatment standard in the agreements currently under negotiation.

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