Perspectives for Investment Arbitration: Consistency as a Policy Goal?
Article from: TDM 1 (2014), in Reform of Investor-State Dispute Settlement
Judging by the evolution of its caseload, ICSID is today widely accepted and firmly established; ratification of the ICSID Convention by Canada on November 1, 2013, confirms this impression. Indeed, no other domain of contemporary international law is characterized by the same degree of acceptance of arbitration as the mode of settlement and of the actual use of arbitration in practice. Within two decades, investment arbitration has become the modern field of arbitration par excellence; specialists of neighboring disciplines of international law have mostly observed this ...