Rights as Signals
论文提出人权保护可以作为政府信号，表明其愿意放弃短期权力以换取长期利益，从而降低投资者对征收风险的担忧，并可能通过促进投资间接推动经济增长。
Because rights operate as trumps over normal governmental interests, they have an inherent cost. Consequently, by entrenching protection for human rights, governments can signal a willingness to give up power in the short term to obtain long‐term benefits. Investors can infer from this that the government has a low discount rate and is less likely to pose a threat of expropriation. Similarly, when courts vigorously enforce human rights, they dramatize their judicial independence, which is valuable to investors, who themselves may have no interest in human rights. Thus, human rights enforcement may help encourage investment and thereby indirectly foster economic growth.