Arbitration costs : myths and realities in investment treaty arbitration

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Full title: Arbitration costs : myths and realities in investment treaty arbitration / Susan D. Franck.
Main author: Franck, Susan D., (Author)
Format: eBook           
Online access: Connect to electronic book via Oxford Scholarship Online Law.


Summary: Investment treaty arbitration has become a flashpoint in the backlash against globalization, with costs becoming an area of core scrutiny. Yet 'conventional wisdom' about costs is not necessarily wise. To separate fact from fiction, this text reality tests claims about investment arbitration and fiscal costs against hard data so that policy reforms can be informed by scientific evidence, rather than intuition or cognitive illusions. The exercise is critical, as investment treaties grant international arbitrators the power to order states - both rich and poor - to pay potentially millions of dollars to foreign investors when states violate the international law commitments made in the treaties. Meanwhile, the cost to access and defend the arbitration can also be in the millions of dollars. This text examines this topic.
Language: English
Published: New York, NY : Oxford University Press, 2019.
Classmark: 346.092
Subjects:
Series: Oxford scholarship online.
Audience: Specialized.
Bibliography: Includes bibliographical references and index.
ISBN: 9780190054465 (ebook) :