Information AboutExpropriation |
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It is commonly reffered to as the act of removing property from an owner especially by Public Authority - for example, ''expropriated the property owners who lived in the path of the new highway.'' It is sometimes used in the context of Redistribution - for example, ''taking wealth from the rich to feed the poor.'' Expropriation is one of the Political Risks involved with Foreign Direct Investment . It is characterized by Confiscation of the foreign asset, and a Pittance Payment . This payment is generally a formality, and not an acceptable reparation. Other political risks include confiscation (without payment), blockage of funds, breech of contract, frozen assets, operational restrictions, and/or heavy taxation as well as frequent tax probing. See also |