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This book outlines the principles behind the international law of foreign investment. The main focus is on the law governed by bilateral and multilateral investment treaties. The book traces the purpose, context and evolution of the clauses and provisions characteristic of contemporary investment treaties, and analyzes the case law interpreting the issues raised by standard clauses. Particular consideration is given to broad treaty-rules whose understanding in practice has mainly been shaped by their interpretation and application by international tribunals. In addition, the book introduces the dispute settlement mechanisms for enforcing investment law, outlining the operation of State vs. State and Investor vs. State arbitration.
Combining a systematic analytical study of the texts and principles underlying investment law with a jurisprudential analysis of the case law arising in international tribunals, this book offers an ideal introduction to the principles of international investment law and arbitration, for students or practitioners new to the field.
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Rudolf Dolzer is Professor and Director, Institute for International Law, at the University of Bonn, Germany Christoph Schreuer is Professor of International Law, University of Vienna, Austria
Clearly written and take[s] a comprehensive approach to the major issues and principles of international investment law...a useful guide not only for novices in the field of investment law, but also for experienced practitioners since [it] represent[s] a powerful reference tool...[The book is] equally useful for counsel representing investors and states, arbitrators and negotiators of investment treaties, as [it] contain[s] excellent information and references, as well as pertinent commentaries and stimulating ideas. Crina Baltag, British Yearbook of International Law This book is bound to become the primary teaching material for international investment law in law schools around the world. Stephan W. Schill, European Journal of International Law, 20, 2009 Probably the most comprehensive and in-depth monograph of most aspects of the topic of international investment law there is today. It is not only the number 1 textbook, but it is also a necessary tool for everybody working in this field Marc Bungenberg, European Yearbook of International Economic Law
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