Mills, A;
(2014)
The Balancing (and Unbalancing?) of Interests in International Investment Law and Arbitration.
In: Douglas, Z and Pauwelyn, J and Viñuales, JE, (eds.)
The Foundations of International Investment Law: Bringing Theory into Practice.
Oxford University Press: Oxford, UK.
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Abstract
This chapter examines the dynamic balancing, rebalancing, and (perhaps) unbalancing of interests which takes place in international investment law (IIL) and arbitration. It first analyses the contention that investment treaty negotiations establish an equilibrium between the states parties, reflecting both their interests and negotiating strengths. It then turns to the system of international investment dispute settlement through arbitration, and explores the ways in which the arbitral process might be said to rebalance or unbalance the equilibrium established between the states parties to the investment treaty. Some of the practical implications of this analysis are then explored by looking at the impact of different approaches to investment treaty interpretation on this question of interest balancing.
Type: | Book chapter |
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Title: | The Balancing (and Unbalancing?) of Interests in International Investment Law and Arbitration |
ISBN-13: | 9780199685387 |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1093/acprof:oso/9780199685387.001.0001 |
Publisher version: | http://dx.doi.org/10.1093/acprof:oso/9780199685387... |
Language: | English |
Additional information: | From "The Foundations of International Investment Law: Bringing Theory into Practice", edited by Zachary Douglas, Joost Pauwelyn, and Jorge E. Viñuales, 2014, reproduced by permission of Oxford University Press and the editor: http://dx.doi.org/10.1093/acprof:oso/9780199685387.001.0001 |
Keywords: | international investment law, investment arbitration, investment treaties, dispute settlement, interest balancing |
UCL classification: | UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Laws |
URI: | https://discovery.ucl.ac.uk/id/eprint/1398955 |
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