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The Legitimacy of Investment Arbitration

The Legitimacy of Investment Arbitration

Hardcover

Series: Studies on International Courts and Tribunals

General Law

ISBN10: 1108837581
ISBN13: 9781108837583
Publisher: Cambridge University Press
Published: Jan 13 2022
Pages: 582
Weight: 2.07
Height: 1.25 Width: 6.00 Depth: 9.00
Language: English
International investment arbitration remains one of the most controversial areas of globalisation and international law. This book provides a fresh contribution to the debate by adopting a thoroughly empirical approach. Based on new datasets and a range of quantitative, qualitative and computational methods, the contributors interrogate claims and counter-claims about the regime's legitimacy. The result is a nuanced picture about many of the critiques lodged against the regime, whether they be bias in arbitral decision-making, close relationships between law firms and arbitrators, absence of arbitral diversity, and excessive compensation. The book comes at a time when several national and international initiatives are under way to reform international investment arbitration. The authors discuss and analyse how the regime can be reformed and ow a process of legitimation might occur.

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General Law