This essential handbook on international arbitration has been updated to include a new chapter on investment treaty arbitration, detailing the kind of investments which are covered by investment treaties, persons to whom investment treaties apply, the rights commonly provided under investment treaties, ICSID arbitration and commonly encountered issues and practical considerations. Other additions to the latest edition include: multi-tiered arbitration clauses, confidentiality, interim measures and consumer arbitration.

International arbitration is becoming more complex, and its importance continues to grow. The internatinal system for enforcement of arbitration awards is unparalleled. Increasing globalisaiton, cross-border trade and foreign investment require such a system. Private, consensual processes for dispute resolution can be flexible and sensitive to buiness needs. State court stytems to not offer such advantages. Getting the benefits of these advantages required an understanding of the complex web of international conventions, arbitration laws, institutional rules, and the necessary elements for an effective arbitration agreement. International Arbitration: A Handbook guides to reader to the relevant laws and rules, and provides an overview of the most important legal and practical matters for each stage of the aribtration process.