Investment arbitration was originally developed primarily to protect investors from wealthy developed countries against arbitrary expropriations by governments in developing countries. However, over time, it has taken on a very broad dynamic and is nowadays often used to limit regulatory...

Estonia has been amongst the most successful countries in the transition from Communism and planned economy to Western style democracy, market ecomomy, and rule of law. The reasons for Estonia's success in the past have been analyzed by various authors and institutions before, including the...