International investment law : text, cases and materials / Krista Nadakavukaren Schefer (Senior Fellow, World Trade Institute, Bern, Switzerland).
2016
K3830 .N33 2016 (Map It)
Available at Cellar
Formats
| Format | |
|---|---|
| BibTeX | |
| MARCXML | |
| TextMARC | |
| MARC | |
| DublinCore | |
| EndNote | |
| NLM | |
| RefWorks | |
| RIS |
Items
Details
Title
International investment law : text, cases and materials / Krista Nadakavukaren Schefer (Senior Fellow, World Trade Institute, Bern, Switzerland).
Published
Cheltenham, UK : Edward Elgar Publishing, [2016]
Copyright
©2016
Call Number
K3830 .N33 2016
ISBN
1785360078
9781785360077
9781785360077
Description
xxvi, 638 pages : illustrations ; 26 cm
System Control No.
(OCoLC)951526952
Bibliography, etc. Note
Includes bibliographical references and index.
Record Appears in
Table of Contents
Preface
xi
Table of cases
xiii
Table of legal instruments
xxii
1.
Introduction to the study of international investment law
1
1.1.
Introduction
1
1.2.
Why investment law is different from other areas of economic law
2
1.3.
overview of the history of investment and investment protection
4
1.3.1.
evolution of international investment law
4
1.3.2.
Calvo Doctrine's challenge to international investment law
6
1.3.3.
From the New International Economic Order to the present: FDI as curse, blessing, or simply a fact of global economic life?
9
1.4.
future of investment law
11
Question to an expert: Piero Bernardini
13
2.
Sources of international investment law
15
2.1.
Introduction
15
2.1.1.
Definition of `sources' of law
15
2.1.2.
Importance of sources for the study of investment law
16
2.2.
Sources of international law
17
2.2.1.
What instruments are Taw'?
17
2.2.2.
Primary sources of law
18
2.2.3.
Sources beyond the International Court of Justice Statute
28
2.2.4.
Hierarchy of sources
31
2.3.
Sources of investment law
34
2.3.1.
Treaties
34
2.3.2.
Customary investment law
40
2.3.3.
General principles of law
58
2.3.4.
Other sources of investment law
60
2.3.5.
Teachings and writings of scholars
63
2.3.6.
Awards by other tribunals: precedential or not?
64
Question to an expert: Baiju S. Vasani
67
3.
Definitions
69
3.1.
Introduction
69
3.2.
What is an investment in international investment law?
69
3.2.1.
concept of an investment'
69
3.2.2.
Definition of investment
70
3.2.3.
Other jurisdictional issues surrounding the investment
112
3.3.
Who is `an investor' in international investment law?
135
3.3.1.
Types of investors
135
3.3.2.
Shareholder protection
157
Question to an expert: Julien Fouret
188
4.
Expropriation
190
4.1.
Direct expropriation
190
4.1.1.
Introduction
190
4.1.2.
Expropriation: the definitions
191
4.1.3.
Illegal expropriations
225
4.2.
Indirect expropriation
234
4.2.1.
Introduction
234
4.2.2.
Factors indicating an indirect expropriation
236
4.2.3.
Leading approaches to determining an indirect expropriation
241
4.2.4.
Incremental steps/creeping expropriation
259
4.2.5.
Compensation of indirect expropriation
260
4.2.6.
Critiques of investor-oriented indirect expropriation jurisprudence
261
4.2.7.
Current approach to indirect expropriation jurisprudence
269
4.3.
Valuation
276
4.3.1.
Quantification of value
276
4.3.2.
closer look at the issue of causation
302
Question to an expert: Dimitrios Ioannidis
316
5.
Standards of host state behaviour
318
5.1.
Background: the idea of minimum standards
318
5.2.
Non-arbitrariness
320
5.2.1.
Content of the arbitrariness standard
320
5.2.2.
Reasonableness
328
5.3.
Non-discrimination
334
5.3.1.
General obligation of non-discrimination
334
5.3.2.
elements of non-discrimination
338
5.3.3.
National treatment
353
5.3.4.
Most favoured nation treatment
353
5.4.
Full protection and security
360
5.4.1.
Physical security
361
5.4.2.
Legal protection
366
5.5.
Fair and equitable treatment
377
5.5.1.
Variations in provisions providing for `fair and equitable' treatment
378
5.5.2.
first FET claim: establishing the significance of investor expectations
380
5.5.3.
FET and the international law standard of host behaviour
381
5.5.4.
Raising the standard of FET
385
5.5.5.
Evolution of the international standard ?
386
5.5.6.
Concerns about FET and the right to regulate
412
5.5.7.
Reactions to FET jurisprudence
416
5.5.8.
Australia-Japan Economic Partnership Agreement
416
5.5.9.
Trans-Pacific Partnership (TPP), (draft version: 20 January 2015)
417
Question to an expert: Diego Brian Gosis
427
6.
Dispute settlement
428
6.1.
ICSID and the other fora for investor-State arbitration
428
6.1.1.
Overview
428
6.1.2.
Dispute settlement between investors and their host states: investor-State arbitration
435
6.2.
ICSID arbitration dispute proceedings
451
6.2.1.
Elements of ICSID jurisdiction: Article 25 ICSID Convention
452
6.2.2.
Applicable law
516
6.2.3.
Costs
517
6.2.4.
Challenge and annulment procedures
521
6.2.5.
Recognition, enforcement, and execution of the award
528
6.2.6.
Withdrawal
533
6.2.7.
Current concerns relating to investor-State dispute procedures
535
Question to an expert: Mark S. Ellis
589
7.
Investment guarantees: political risk insurance
591
7.1.
Investment and political risk
591
7.1.1.
problem
591
7.1.2.
solution
593
7.2.
guarantee as insurance
594
7.2.1.
`Insurable risk'
594
7.2.2.
insurance contract
595
7.2.3.
Coverage: definition of political risk
596
7.3.
Insurance programs and providers
599
7.3.1.
National insurance programs
599
7.3.2.
Private insurance providers
607
7.3.3.
Multilateral Investment Guarantee Agency (MIGA)
608
7.4.
critical assessment of PRI
613
7.4.1.
How effective is PRI?
614
7.4.2.
What aspects of PRI keep investors from purchasing it?
616
Question to an expert: Markus Krajewski
619
Index
621