LEGAL EFFECTS ON NATIONAL ECONOMY

Abstract

Abstract

The law plays an important role in the economic development of a nation but in order for the law to be able to play its role in providing legal certainty for economic operators, government as policy maker for the law. Setting investment law in an effort to create an investment climate, has started with the presence of the Capital Market Law normatively accommodate the various interests of foreign investors. For example, there is the provision and maintenance of non-discrimination, which is given to local entrepreneurs or domestic arena market share, investment protection and guarantees against the threat risk of nationalization and exports, and the guarantee of the right to transfer profits or dividends, as well as the right to carry out settlement law through international arbitration.