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Max Planck Encyclopedia of Public International Law [MPEPIL]

Expropriation and Nationalization

Alice Ruzza

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 26 June 2019

Expropriation — Property — Arbitration

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

1 The law of expropriation and nationalization in times of peace developed in consonance with the evolution of the status of aliens in the host State. Until the 18 th century, varying rules and standards applied to aliens in host States ( History of International Law, Ancient Times to 1648 ; History of International Law, 1648 to 1815 ); progressively, however, protection was afforded to foreigners and their property, and in the 19 th and at the beginning of the 20 th century various treaties incorporated the principle of equal protection of alien property ( Hague...
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