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2024 | OriginalPaper | Buchkapitel

5. Legitimacy Crisis and the ISDS Reform in a Political Economy Context

verfasst von : Shuping Li, Wei Shen

Erschienen in: International Investment Law at the Juncture

Verlag: Springer Nature Singapore

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Excerpt

ISDS is a mechanism that allows an investor from one country to initiate arbitral proceedings directly against another country in which it has invested.1 The mechanism is typically set out in bilateral investment treaties (BITs), free trade agreements (FTAs), and national foreign investment laws. It seeks to promote foreign investment by giving investors coherent expectations and fair processes for dispute resolution. The ISDS system includes binding rules (treaties and conventions), non-binding rules (international documents, arbitral practices) and participants (investors, states, relevant third parties, arbitrators). …

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Fußnoten
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11
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12
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13
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14
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15
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17
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18
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19
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20
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21
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22
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23
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24
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25
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28
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37
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38
Arbitration Rule 32(2), Article 39(2) of the Arbitration (Additional Facility) Rules.
 
39
Arbitration Rule 48(4), Article 53(3) of the Arbitration (Additional Facility) Rules.
 
40
Arbitration Rule 37(2), Article 41(3) of the Arbitration (Additional Facility) Rules.
 
41
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63
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64
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65
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66
Vattenfall AB and others v. Federal Republic of Germany, ICSID Case No. ARB/12/12.
 
67
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68
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69
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70
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71
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73
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75
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76
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77
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78
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79
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80
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81
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83
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84
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85
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86
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89
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91
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93
CETA. Article 8.41.5, EU–Singapore IPA, Article 3.22.5, EU–Vietnam IPA, Article 3.57.7, EU–Mexico GA, Article 31.5.
 
94
CETA, Article 8.27(6); EU–Singapore IPA, Article 3.9(7).
 
95
CETA, Article 8.27(7).
 
96
UNCITRAL Arbitration Rules, Article 9.
 
97
ICSID Convention, Articles 38 & 39.
 
98
EU–Singapore IPA, Article 3.9(4)(5).
 
99
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100
Ali (2021).
 
101
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102
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104
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105
De Brabandere and da Cruz (2020).
 
106
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107
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108
CETA, Article 8.28; EVTIA, Article 28, Article 29(2); EU–Singapore IPA, Article 3.19(3).
 
109
EU–Vietnam IPA, Article 2.2(1).
 
110
Shen and Li (2021).
 
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Metadaten
Titel
Legitimacy Crisis and the ISDS Reform in a Political Economy Context
verfasst von
Shuping Li
Wei Shen
Copyright-Jahr
2024
Verlag
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-97-2183-2_5

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