There is already a substantial body of literature on the reform of the whole landscape of International Investment Agreements (IIAs). Recent UNCTAD's work in this area (in particular the Investment Policy Framework for Sustainable Development – IPSFD) is welcomed and is promising. However,...

The 2009/2010 edition of Investment Yearbook addresses such issues as investment flows, trends in international investment agreements, treaty-based arbitration cases, the procedural side, and ICSID.The edition includes articles by Persephone Economou and Karl P. Sauvant; Peter Muchlinski; Ian A....

The recovery of world investment flows will depend substantially on how the world economy will perform in 2011 and beyond, on how MNEs perceive the risks of investing abroad and on how the regulatory environment for foreign investment evolves. Thus, finding the proper balance between protecting...

The aim of this paper is to explore the interactions between international economic law and civil society. The starting point is to analyse the role of international economic law in facilitating the “competition of systems” (principally by reducing barriers to international trade and...

Since the mid 1960s Italy has concluded bilateral investment treaties (BITs) with almost 100 countries. In the last fifteen years, there have been in excess of twenty (known) international arbitrations brought under Italian BITs. The underlying aim of the chapter is to assess the balance between...

The nature of the emerging investment treaty system has become central in addressing many open questions in international investment law and policy. The current debate, however, seems to revolve around taking side in the clash between granting maximum protection to foreign investors and...