Universal, Regional, National – Ways of the Development of Private International Law in 21st Century
KapitolaInvestment Arbitration at the Crossroads of Public and Private International. Current Issues with ISDS
Rok vydání: 2019https://doi.org/10.5817/CZ.MUNI.P210-9497-2019-17
Abstrakt
After decades of success, investment arbitration has become an extremely controversial topic, riven by multiple allegations and concerns among the experts and various interest groups. In this contribution, we aim to examine the most relevant and severe of these issues, including regulatory chill. Regulatory chill is a purported phenomenon that claims that investment arbitration favors foreign investors, and thus intimidates host states into refusing to implement policies that would contradict with the interests of foreign investors. We not only examine these problems, but also attempt to suggest some potential remedies for alleviating these issues.
Klíčová slova
ISDS; Regulatory Chill; Chilling Effect; Investment Arbitration.
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