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Legitimacy of Investment Arbitration : Empirical Perspectives, EPUB eBook

Legitimacy of Investment Arbitration : Empirical Perspectives EPUB

Edited by Daniel Behn, Ole Kristian Fauchald, Malcolm Langford

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International investment arbitration remains one of the most controversial areas of globalisation and international law.

This book provides a fresh contribution to the debate by adopting a thoroughly empirical approach.

Based on new datasets and a range of quantitative, qualitative and computational methods, the contributors interrogate claims and counter-claims about the regime's legitimacy.

The result is a nuanced picture about many of the critiques lodged against the regime, whether they be bias in arbitral decision-making, close relationships between law firms and arbitrators, absence of arbitral diversity, and excessive compensation.

The book comes at a time when several national and international initiatives are under way to reform international investment arbitration.

The authors discuss and analyse how the regime can be reformed and ow a process of legitimation might occur.

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