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- Title
CREATING AN ICSID APPELLATE BODY.
- Authors
Kalb, Johanna
- Abstract
Since the creation of the International Centre for Settlement of Investment Disputes (ICSID) over forty years ago, states have increasingly relied on this body to resolve conflicts in bilateral investment treaties (BITs). In light of such exponential growth in the number of disputes brought to the ICSID, the ICSID Secretariat has proposed the adoption of an optional appellate body to promote "coherence and consistency" in ICSID arbitrations. This comment argues that, given the realities of tribunal decision-making and of the interdependent global economy, states should consider taking steps towards reforming the ICSID system as a way of maximizing their remaining sovereignty and autonomy.
- Subjects
INVESTMENTS; CONFLICT management; ARBITRATION &; award; INTERNATIONAL courts; INTERNATIONAL competition
- Publication
UCLA Journal of International Law & Foreign Affairs, 2005, Vol 10, Issue 1, p179
- ISSN
1089-2605
- Publication type
Article