Course Solutions Uncategorized Foreign Governments Sometimes Inordinately Delay Granting Licenses Permissions Businesses Q34314932

Foreign Governments Sometimes Inordinately Delay Granting Licenses Permissions Businesses Q34314932

Foreign governments sometimes inordinately delay grantinglicenses and permissions to do businesses in their countries-commonly known as “death from a thousand cuts”. This is an exampleof

Expert Answer


This is an example of creeping expropriation. When thegovernment take action to squeeze a project by increasing orchanges the tax, law, access, regulation etc. The government doesnot grant license as well.

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