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OverviewThis book discusses the use of the compromissory clause in international investment agreements (IIAs) for interstate dispute resolution. It puts forward the possibility of using state-to-state arbitration based on the compromissory clause in IIAs as an alternative means of resolving investment disputes in light of the global debate on the shortcomings of investor-state arbitration. The book’s main conclusion is that state-to-state arbitration may be used as an alternative to currently popular investor-state arbitration by resolving procedural hurdles which impede its acceptance. It becomes more important with the removal of investor-state arbitration as an option in certain recent IIAs, which then elevates state-to-state arbitration as the sole option for binding third party dispute resolution in the treaty. Even then, it is unlikely to replace investor-state arbitration completely due to its inherent shortcomings, such as the risk of re-politicising disputes and a lack of direct control over the process for the affected investors. Nevertheless, the availability of an alternative forum will benefit all parties involved, as they will no longer be wholly dependent on investor-state arbitration, which can be affected by events such as denunciation from the ICSID Convention or the refusal of a host state to enforce an arbitration award. Full Product DetailsAuthor: Angshuman HazarikaPublisher: Springer Nature Switzerland AG Imprint: Springer Nature Switzerland AG Edition: 1st ed. 2021 Volume: 10 Weight: 0.415kg ISBN: 9783030500375ISBN 10: 3030500373 Pages: 252 Publication Date: 16 September 2021 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of Contents1. Investment Dispute Settlement and the Position of State-to-State Arbitration in Investment Law.- 2. Framework for State-to-State Arbitration under the Compromissory Clause in an IIA.- 3. Utilisation of State-to-State Arbitration Based on the Compromissory Clause in Practice.- 4. Resolution of Procedural Hurdles in Utilising State-to-State Arbitration under IIAs.- 5. Coexistence of State-to-State Arbitration under IIAs with other Forums of Dispute Resolution and Treaty Interpretation.- 6. Additional Suggestions for Developing State-to-State Arbitration as an Effective Means of Dispute Resolution.- 7. Conclusion.ReviewsAuthor InformationAngshuman Hazarika is a qualified lawyer from India with research interests in International Economic Law and specific focus on International Trade Law and International Investment Law. He obtained his Bachelors degree in Law from Rajiv Gandhi National University of Law, India and subsequently completed his LL.M. at Europa-Institut, Saarland University with the Angela Merkel Scholarship from DAAD. After completion of his degree he worked as a Research Associate at the Chair of Prof. Dr. Marc Bungenberg LL.M. in Saarland University and simultaneously pursued his doctoral research under his guidance. Tab Content 6Author Website:Countries AvailableAll regions |
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