The Evolving International Investment Regime

"The field of investment treaty arbitration has in a very short time span generated an astonishing volume of literature. What distinguishes this book is the effort deployed by many of the commentators to take a broad view and to appraise the system as it has appeared and as it may be evolving, in light of what they perceive as its effect on the policies of the world community. A very substantial range of disciplines and experience is represented here, and their analysis and prescriptions are often provocative, leading to greater insight through the confrontation of competing perspectives and priorities." --Jan Paulsson Principal consultant, Freshfields Bruckhaus Deringer LLP "The Evolving International Investment Regime is bound to become the reference book for anyone interested in the future of one of the most dynamic fields of international economic law. Scholars and practitioners have combined efforts in this lucid analysis of the most salient features of international investment law. This book will appeal to anyone with an interest in the current problems of the emerging international investment regime." --August Reinisch Professor, University of Vienna "This remarkable collection provides important insights into the causes and implications of the changing patterns of international investment law. It explores the varied perspectives and claims of the main stakeholders in the system, including foreign investors, capital exporting and importing states as well as civil society. Most importantly perhaps, the collection comprises not only rigorous legal analysis but also draws on key insights from other disciplines. Inter-disciplinary analysis of this sort is surprisingly absent in much of the commentary on international investment law. This distinction in the methodology of the present work makes the underlying analysis all the richer and more compelling." --Jürgen Kurtz Associate Professor, University of Melbourne Law School "The Evolving International Investment Regime manages to embed the international investment regime into its political and economic context, to unveil the challenges the system faces, and to propose a rich set of ideas for possible reform. It shows how varied the factors impacting the evolution of international investment law are, including the renewed importance of national security, the rise of multinational enterprises from emerging markets, and the proliferation of investor-state arbitrations. The avenues for change that this volume suggests include institutional responses, the development of a restatement, and the smart use of hard and soft law regulation. The designers of investment law's future will find this book a treasure trove of inspiration and innovation." --Stephan Schill Senior Research Fellow, Max Planck Institute for Comparative Public Law and International Law, Heidelberg "This timely collection of essays delivers a cohesive, yet multi-faceted, analysis of a dynamic area of public international law. The many distinguished contributors provide the reader with a multi-disciplinary perspective on the rapid development of an international regime for the control of national regulation of foreign investment. The editors are renowned scholars who have managed to strike a balance between both proponents and detractors of the regime as it currently stands, while treating the reader to some insightful opinions on where the regime goes from here. I would recommend this thoughtful contribution to practitioners and academics alike." --Todd Weiler Investment Arbitration Counsel and Co-Founder of Investmentclaims.com "Through a compendium of chapters that comprise the fine publication entitled The Evolving International Investment Regime, the editors, José Alvarez and Karl Sauvant -- noted experts in the field of international policy and law -- bring together a diverse group of established figures in this field who provide varying perspectives, ideas and potential paths forward for resolving international investment disputes...I recommend to anyone who is interested in the basic underpinnings of this rapidly emerging area of law." --Edward G. Kehoe, NYSBA - New York Dispute Resolution Lawyer, Fall 2011, Vol. 4 "Essential for anyone interested in the field of international investment law as it provides a timely, contemporary look at the system and provides alternatives to make the system better." --Borzu Sabahi and Kabir Duggal, The Journal of World Investment & Trade "For any student of the field of international investment law the debates represented in this Report will open up new avenues of research." --Julien Topal, Global Law Books