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  3. Analogies in International Investment Law and Arbitration
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    • Publisher:
      Cambridge University Press
      Publication date:
      05 December 2015
      11 December 2015
      ISBN:
      9781316144879
      9781107093317
      9781107472105
      DOI:
      https://doi.org/10.1017/CBO9781316144879
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.59kg, 320 Pages
      Dimensions:
      (229 x 152 mm)
      Weight & Pages:
      0.55kg, 320 Pages
      • Subjects:
      Public International Law, Law, Arbitration, Dispute Resolution and Mediation
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    Subjects:
    Public International Law, Law, Arbitration, Dispute Resolution and Mediation
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    Book description

    Although investment treaty arbitration has become the most common method for settling investor-state disputes, some scholars and practitioners have expressed concern regarding the magnitude of decision-making power allocated to investment treaty tribunals. Many of the recent arbitral awards have determined the boundary between two conflicting values: the legitimate sphere for state regulation in the pursuit of public goods, and the protection of foreign private property from state interference. Can comparative reasoning help adjudicators in interpreting and applying broad and open-ended investment treaty provisions? Can the use of analogies contribute to the current debate over the legitimacy of investor-state arbitration, facilitating the consideration of the commonweal in the same? How should comparisons be made? What are the limits of comparative approaches to investment treaty law and arbitration? This book scrutinises the impact a comparative approach can have on investment law, and identifies a method for drawing sound analogies.

    Reviews

    'Through a masterfully crafted analysis, Vadi guides the readers through the intricacies of this topic, investigating the tensions between the concept of legal culture and the ‘invisible college of international lawyers’, and ultimately reminding international lawyers that the use of analogies and paradigms is not to be regarded simply as an inconsequential academic pursuit, but has implications of considerable magnitude.'

    Niccolò Ridi Source: British Yearbook of International Law

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