Diversity: an institutional and substantive choice?

For about a decade, we have not known whether the current approach to international investment arbitration is in need for overhaul and reform. What we do know is that, if needed, such a reform will only succeed if it is backed by a broad consensus of States from all regions; academic discussion on the point is useful, but the call must be made by States around the world. Of course, a meaningful discussion first has to agree on the relevant policy in question and on the nature and substance of an intended reform. Indeed, occasional contributions from governments and from academia ...