International Investment Law and Arbitration

Borzu Sabahi, Ian A. Laird, Giovanna E. Gismondi

International Investment Law and Arbitration: History, Modern Practice, and Future Prospects' explores international law on foreign investment: its creation, functioning and evolution. Particularly, this paper presents a roadmap over the historical context within which investor-State arbitration developed. It provides an overview of the main actors, the protections afforded to foreign investors, the content of modern BITs, and the challenges facing the system today.