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General Conclusion

The EU Reform: Between Aspirations and Reality

Published online by Cambridge University Press:  13 July 2023

Ivana Damjanovic
Affiliation:
Australian National University, Canberra
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Summary

The legitimacy crisis of ISDS in Europe has prompted the EU – an emerging actor in international investment law – to reform this field. In particular, the EU reform was designed to enhance the rule of law in international investment law, as a means of legitimising the field. However, the reform of international investment law has ultimately exposed the clash of different visions of the rule of law in international law and the multifaceted nature of this concept. The purpose of this book was to evaluate the EU’s vision and its contribution to the development of international law in the field of investment. In particular, the book sought to assess whether the EU reform addresses the key international investment law problems and in doing so contributes to the achievement of the rule of law and legitimacy. To answer this question, a substantial analysis was undertaken of EU investment law and policy in both its internal dimension (Part II) and external relations (Part III), and placed in the broader context of international investment law and its reform (Part I). As many scholars have written about international investment law, what value does this book add? The following observations encapsulate the findings of this research and attest to its relevance and contribution to the international investment law reform debate.

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The European Union and International Investment Law Reform
Between Aspirations and Reality
, pp. 372 - 378
Publisher: Cambridge University Press
Print publication year: 2023

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  • General Conclusion
  • Ivana Damjanovic, Australian National University, Canberra
  • Book: The European Union and International Investment Law Reform
  • Online publication: 13 July 2023
  • Chapter DOI: https://doi.org/10.1017/9781009345422.024
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  • General Conclusion
  • Ivana Damjanovic, Australian National University, Canberra
  • Book: The European Union and International Investment Law Reform
  • Online publication: 13 July 2023
  • Chapter DOI: https://doi.org/10.1017/9781009345422.024
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • General Conclusion
  • Ivana Damjanovic, Australian National University, Canberra
  • Book: The European Union and International Investment Law Reform
  • Online publication: 13 July 2023
  • Chapter DOI: https://doi.org/10.1017/9781009345422.024
Available formats
×