Abstract

[Paper added to the special June 2014] The increasing number of investor-state disputes has, particularly in the recent period of economic crisis, created a significant burden on host countries, both developed and developing ones. For developing countries, such a burden is often multiplied due to their limited resources and experience. Many developing countries, after a long "honeymoon" with foreign investors, have been re-considering the pros and cons of the investor-state dispute settlement mechanism and have become more cautious on their negotiations of bilateral investment treaties ...