Overview

Explores how investment law's inequities bind arbitrators to rules favouring foreign investors and argues for reforming the treaty framework to better consider host states' economic and regulatory interests. This book examines the role of arbitrators vis--vis the systemic inequities of investment law, advocating for the reform of its treaty framework, which currently binds arbitrators to apply rules that disproportionately safeguard foreign investors and overlook the impact of arbitral decisions on host states' economic and regulatory frameworks.

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9781839993565

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Reviews

“Good critical writing is hard without a sound understanding of doctrine, and the critical eye that Paolo Vargiu casts on arbitrators in international investment law is sharp and well-informed indeed. As an office-dweller at Bentham House, I strongly endorse this very fine volume.” —Martins Paparinskis, Professor of Public International Law, University College London, UK. “This monograph makes a valuable contribution to debates on the legitimacy and future of international investment law. It poses important questions on how arbitrators shape not just the interpretation of legal standards within disputes they settle, but also shape the evolution and meaning of standards, create precedent that has serious implications for public policy-making.” —Anil Yilmaz Vastardis, Senior Lecturer at Essex Law School, University of Essex, UK.

Author Information

Dr. Paolo Vargiu is Associate Professor at the Leicester Law School, University of Leicester (UK).

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