Published 18 December 2019
Summary
In March 2019, the International Centre for Settlement of Investment Disputes (ICSID) revealed proposals for amendment of its rules. These proposals have intensified the discussion of transparency and convergence in tribunal rulings. As part of this discussion, we analyze how tribunals approach valuation topics, using country risk premium (CRP) as an example. Our analysis focuses on how tribunals address five questions:
(1) should one include a country risk premium in the discount rate;
(2) what is the appropriate size of the country risk premium;
(3) what is the proper method to calculate the country risk premium;
(4) what is a suitable way to apply the country risk premium to a valuation model; and
(5) should expropriation risk be included as part of the country risk premium?
To read this article you need to be a subscriber
Subscribe
Fill in the registration form and answer a few simple questions to receive a quote.
Subscribe now
Suggested Citation
M. Berberian; J. Cohen; E. Grgeta (2019, forthcoming) "Analyzing Country Risk Premium in ICSID Awards"
(TDM, ISSN 1875-4120) December 2019, www.transnational-dispute-management.com
Other recently published material:
The Recognition of Taxes Under Article 15 of the Chicago Convention
10 September 2021
Now available in TDM 1 (2021): Strange Bedfellows: Remarks on the Compatibility of Commercial Arbitration Principles with Maritime Arbitration
6 September 2021
State Aid to Airlines in Times of Pandemic in the European Union: between Regression and Fair Competition?
27 August 2021
Now available in TDM 6 (2020): Challenges of Competition Regulation of State Conducts in Emerging Economies: A Comparative Review of the Case in EU, China, and Nigeria
6 August 2021
The Application of Private Air Law Conventions in China's Courts
4 August 2021
Complete listing of Advance publication.
