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International Trade and Investment Dispute Settlement: From Rise to Crisis and Reform

International Trade and Investment Dispute Settlement: From Rise to Crisis and Reform

Paperback

Series: Insights on International Economic Law

General Law

ISBN10: 1032749156
ISBN13: 9781032749150
Publisher: Routledge
Published: Jun 22 2026
Pages: 270
Weight: 0.91
Height: 0.61 Width: 6.14 Depth: 9.21
Language: English

This book provides a thorough comparative analysis of the trade dispute settlement system of the WTO, Regional Trade Agreements, and of Investor-State Dispute Settlement (ISDS).

Reviewing in parallel their origins, features, development, and current challenges, highlighting commonalities and differences, the book analyzes criticisms leveled against both regimes, explores current reform efforts at the WTO, ICSID, and UNCITRAL (including the controversial proposal to replace ISDS with a Multilateral Investment Court), and engages in the on-going debate by evaluating possible outcomes. As to trade, the book highlights the WTO system's successful operation for more than 20 years and its hobbling functioning since the paralysis of the Appellate Body in 2019. As to ISDS, the book details the procedural protection granted to foreign investors under Bilateral Investment Treaties (BITs), other International Investment Agreements and investment chapters of trade agreements such as NAFTA, USMCA, CETA, and the CPTPP, alongside the impact of case law on the regulatory space of states.

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General Law