Sovereign Choices and Sovereign Constraints - Judicial Restraint in Investment Treaty Arbitration (Hardcover)

Investment arbitrators rely on sovereignty for their legal status just as investor-state disputes usually stem from disagreements about the role of the state in society. As a result, investment arbitration is a vehicle for the exercise of sovereign authority and a site for contesting sovereign choices. This book investigates and evaluates the decision-making record and policy trajectory of international investment arbitration, from theoretical, doctrinal, and empirical perspectives. It analyses the extent to which the system used to resolve disputes impacts on the role of government, affecting diverse constituencies, as opposed to limiting itself to case-specific disputes between a single business enterprise and state entity. The book provides a comprehensive review of known awards in order to determine the types of government measures that have triggered disputes. It investigates how investment arbitrators have exercised their authority in recent case law. It provides a review of the approaches adopted in the reasoning of investment treaty tribunals on questions of judicial deference and respect for sovereign decision-makers. In doing so, it determines whether investment tribunals have taken a predominantly assertive approach to investor protection, without regard to their relative lack of accountability, capacity, or proximity in some cases. This approach does not sit comfortably with the relative restraint seen by domestic and international courts in similar contexts. The book argues that the unique characteristics of investment treaty arbitration make the experience of domestic judicial review more pertinent to international investment arbitration than to any other contexts for international adjudication. However, it argues that mediating devices in some form should be incorporated into the process in order to solve the tension between the extensive scope and potency of international investment arbitration as an important site of global governance, and the challenges of the review function in reviewing decisions which have strong claims to having comprehensive regulatory expertise, inclusive decision-making, electoral or other public accountability, or greater proximity to the underlying facts and context. Online Appendices

General

Imprint:	Oxford UniversityPress
Country of origin:	United Kingdom
Release date:	October 2013
First published:	December 2013
Authors:	Gus Van Harten
Dimensions:	241 x 163 x 20mm (L x W x T)
Format:	Hardcover
Pages:	218
ISBN-13:	978-0-19-967864-8
Categories:	Books > Law > International law > Settlement of international disputes > International arbitration Books > Law > Laws of other jurisdictions & general law > Courts & procedure > Arbitration procedure Books > Law > International law > Public international law > International economic & trade law > General Promotions
LSN:	0-19-967864-2
Barcode:	9780199678648

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