Abstract

The call for more efficient proceedings has been on the agenda in international commercial arbitration for quite a while. However, in investment arbitration the topic has so far received less attention. This paper attempts to delineate criteria for the concept of efficiency and how these might have to be balanced with the typical characteristics of investment arbitration, which add an additional dimension to the issue. It then goes on to analyze the effectiveness of recent efficiency improvements to arbitration rules frequently used in or solely drafted for investment ...