Abstract

Since foreign investment is a long term financial engagement in another nation, the investor is vulnerable to the interference by the sovereign - Zeus of Mount Olympus. When a sovereign state fails to comply with applicable contractual or treaty obligations, investor protection becomes an important issue. The authors focus on how the investor can exert pressure on the sovereign state to enforce treaty or contractual obligations by making use of different fora in arbitration Besides arbitration, there are also other theoretically possible means to achieve the same end, such as ...