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Eminent Domain in Argentina, Brazil, and Mexico
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Author(s): Arun Shankar (Faculty of Management Studies, National Law University, India)and Rituparna Das (Faculty of Policy Science, National Law University, India)
Copyright: 2015
Pages: 17
Source title:
Handbook of Research on Global Business Opportunities
Source Author(s)/Editor(s): Bryan Christiansen (PryMarke, LLC, USA)
DOI: 10.4018/978-1-4666-6551-4.ch016
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Abstract
All states cherish eminent domain, which is the power to assert dominion over the resources in their territory. How eminent domain is exercised in a region may be used as a test to gauge the attitude of a state to business. Eminent domain also has deeper influence on the economy of a state beyond direct percepts. Invoking eminent domain scintillates social crisis. How a state manages its social crisis marks the difference between continued growth and economic collapse. This chapter anatomizes a few relevant and recent eminent domain developments in the Latin American states of Argentina, Brazil, and Mexico, contrasting it with the scenario in the USA wherever appropriate.
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