Executive Summary

This article explores the role of arbitration institutions in system-building and argues that arbitration institutions by replicating each other's rules, facilitating growth of a common culture of arbitration and strategically cooperating with each other act as important agents in making arbitration a truly international system. Arbitration institutions impact international arbitration in a fundamental way, i.e., despite lacking a formal system of precedent, cross-institutional convergence of rules by replication underpinned by a shared culture of arbitration increases the chances of ...