ICSID Convention After 50 Years: Unsettled Issues - Bookswagon
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ICSID Convention After 50 Years: Unsettled Issues: Unsettled Issues

ICSID Convention After 50 Years: Unsettled Issues: Unsettled Issues


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About the Book

The International Centre for Settlement of Investment Disputes (ICSID) has played a leading role in establishing the field of foreign investment law. It is primarily due to the ICSID that it is no longer peculiar for individuals and corporations to have legal standing in claims against governments - probably the most notable development of international law of the last half century. Now, in its fiftieth year and ratified by more than 150 states, the ICSID received in 2015 its 500th case. This book celebrates this anniversary with an overview and analysis of ICSID case law to date and, focusing particularly on unsettled issues, assesses possible developments in the institution's next phase. This volume collects twenty-two essays by prominent practitioners with substantial experience in investment arbitration law. The topics they cover encompass such issues as the following: - the political and economic reasons behind the creation of the ICSID; - admissibility and jurisdiction; - ICSID vis-à-vis bilateral investment treaties; - States' concerns about the 'partiality' of arbitrators in favour of investors; - applicable laws under the ICSID Convention; - fact-finding rules; - conflicting interpretations of ICSID Convention provisions; - interaction of foreign investment and economic development; - value of ICSID awards in the light of EU law; - annulment of ICSID awards; - effects of denunciation (Boli via, Ecuador, Venezuela) and non-contracting States (Russia, Brazil, India ); - attribution of conduct of State-owned enterprises (SOEs); - counterclaims; - guarantees against political risk; and - allocation of costs. As a detailed response to the question whether ICSID has contributed as promised to an improvement in the investment climate and promoted the flow of private foreign capital - and as an assessment of the present and future feasibility of the ICSID system for the resolution of investment disputes by arbitration and conciliation - this book has no peers. Considering the current crisis of investment law, the book's immediate value not only to investors and their counsel but also to practitioners and academics in the field of investment law and arbitration and public international law cannot be overstated. Dr Crina Baltag is the author of Kluwer's 2012 book The energy Charter Treaty: The Notion of Investor and the Associate Editor of Kluwer Arbitration Blog.

About the Author :
Dr Crina Baltag is an attorney-at-law specialized in investment and commercial arbitration, and public international law. Crina received her Ph.D. from Queen Mary University of London, under the supervision of professors Julian Lew and Loukas Mistelis. Crina holds an LL.M. in International Commercial Arbitration from Stockholm University and an M.Sc. in International Business from the Academy of Economic Studies, Romania. She is a graduate of the Faculty of Law, University of Bucharest. Crina was associated with law firms from Romania, Austria and the UK, and she lectured at Queen Mary University of London; FGV Law, Rio de Janeiro and Stockholm University. Crina also acted as the Secretary General of the AmCham Brazil Arbitration and Mediation Center. She is the associate editor of the Kluwer Arbitration Blog, and she regularly publishes on international commercial and investment arbitration. Her book on The Energy Charter Treaty: The Notion of Investor was released in 2012 by Kluwer Law International. Crina may be contacted at crinabaltag@gmail.com.


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Product Details
  • ISBN-13: 9789041187338
  • Publisher: Kluwer Law International
  • Publisher Imprint: Kluwer Law International
  • Language: English
  • Sub Title: Unsettled Issues
  • ISBN-10: 9041187332
  • Publisher Date: 15 Feb 2017
  • Binding: Digital (delivered electronically)
  • No of Pages: 642


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