Shifting Paradigms in International Investment Law

More Balanced, Less Isolated, Increasingly Diversified

Edited by Steffen Hindelang and Markus Krajewski

Critically analyses recent changes and developments in international investment law against the backdrop of the UNCTAD Policy Framework
Brings together a geographically and ideologically diverse team of academics and practitioners to engage with the issues
An essential resource for scholars, practitioners, policymakers, and students of international investment law
Contains regional perspectives from the European Union and the Asia-Pacific Region

Shifting Paradigms in International Investment Law

More Balanced, Less Isolated, Increasingly Diversified

Edited by Steffen Hindelang and Markus Krajewski

Description

International investment law is in transition. Whereas the prevailing mindset has always been the protection of the economic interests of individual investors, new developments in international investment law have brought about a paradigm shift. There is now more than ever before an interest in a more inclusive, transparent, and public regime.

Shifting Paradigms in International Investment Law addresses these changes against the background of the UNCTAD framework to reform investment treaties. The book analyses how the investment treaty regime has changed and how it ought to be changing to reconcile private property interests and the state's duty to regulate in the public interest. In doing so, the volume tracks attempts in international investment law to recalibrate itself towards a more balanced, less isolated, and increasingly diversified regime.

The individual chapters of this edited volume address the contents of investment agreements, the system of dispute settlement, the interrelation of investment agreements with other areas of public international law, constitutional questions, and new regional perspectives from Europe, South Africa, the Pacific Rim Region, and Latin America. Together they provide an invaluable resource for scholars, practitioners, and policymakers.

The individual chapters of this edited volume address the contents of investment agreements, the system of dispute settlement, the interrelation of investment agreements with other areas of public international law, constitutional questions, and new regional perspectives from Europe, South Africa, the Pacific Rim Region, and Latin America. Together they provide an invaluable resource for scholars, practitioners, and policymakers.

Shifting Paradigms in International Investment Law

More Balanced, Less Isolated, Increasingly Diversified

Edited by Steffen Hindelang and Markus Krajewski

Introductory Observations, Steffen Hindelang and Markus Krajewski
I:Investment Protection and Sustainable Development: Key Issues, Giorgio Sacerdoti
II:Negotiating New Generation International Investment Agreements: New Sustainable Development Oriented Initiatives, Peter Muchlinski
III:Revising Treatment Standards: Fair and Equitable Treatment in Light of Sustainable Development, Roland Kläger
IV:Expropriation in the Light of the UNCTAD Investment Policy Framework for Sustainable Development, Lukas Stifter and August Reinisch
V:Investor-State Dispute Settlement and Sustainable Development: Modest Reform, Jonathan Ketcheson
VI:The EC and UNCTAD Reform Agendas: Do They Ensure Independence, Openness, and Fairness in Investor-State Arbitration, Gus Van Harten
VII:Sustainable Development Provisions in International Trade Treaties: What Lessons for International Investment Agreements?, J. Anthony VanDuzer
VIII:Reconciling Investment Protection and Sustainable Development: A Plea for an Interpretative U-Turn, Katharina Berner
IX:Investment Protection and Sustainable Development: What Role for the Law of State Responsibility, Helmut Philipp Aust
X:Termination and Renegotiation of International Investment Agreements, Karsten Nowrot
XI:The Emergence of a New Approach to Investment Protection in South Africa, Sean Woolfrey
XII:Reliance on Alternative Methods for Investment Protection through National Laws, Investment Contracts, and Regional Institutions in Latin America, Maria Luque
XIII:Jumping Back and Forth between Domestic Courts and ISDS: Mixed Signals from the Asia-Pacific Region, Leon E. Trakman and Kunal Sharma
XIV:The 'Generalization' of International Investment Law in Constitutional Perspective, Peter-Tobias Stoll and Till Holterhus
XV:The Contribution of EU Trade Agreements to the Development of International Investment Law, Frank Hoffmeister
Concluding Remarks, Steffen Hindelang and Markus Krajewski

Shifting Paradigms in International Investment Law

More Balanced, Less Isolated, Increasingly Diversified

Edited by Steffen Hindelang and Markus Krajewski

Author Information

Edited by Steffen Hindelang, Associate Professor of Constitutional and Administrative Law, Free University Berlin, and Markus Krajewski, Professor of Public Law and International Law, University of Erlangen-Nuremberg

Steffen Hindelang is Associate Professor at the Free University Berlin. He has advised governments on international investment disputes and was recently invited by the European Parliament to produce a study on investor-state dispute settlement.

Markus Krajewski is Professor of Public Law and International Law at the University of Erlangen-Nuremberg. He advises international governmental and non-governmental organizations on European and international economic law and has acted as consultant in development cooperation projects.

Contributors:

Helmut Philipp Aust - Humboldt University of Berlin
Katharina Berner - Humboldt University of Berlin
Steffen Hindelang - Free University of Berlin
Frank Hoffmeister - European Commission and the Free University of Brussels
Till Holterhus - Georg August University of Göttingen
Jonathan Ketcheson - University of Cambridge
Roland Kläger - Haver & Mailänder Rechtsanwälte in Stuttgart
Markus Krajewski - University of Erlangen-Nuremberg
Maria Luque - University of Erlangen-Nuremberg
Peter Muchlinski - SOAS, University of London
Karsten Nowrot - University of Hamburg
August Reinisch - University of Vienna
Giorgio Sacerdoti - Bocconi University
Kunal Sharma - University of New South Wales
Lukas Stifter - University of Vienna
Peter-Tobias Stoll - Georg August University of Göttingen
Leon E. Trakman - University of New South Wales
Gus Van Harten - Osgoode Hall Law School, Toronto
J. Anthony VanDuzer - University of Ottawa
Sean Woolfrey - European Centre for Development Policy Management

Shifting Paradigms in International Investment Law

More Balanced, Less Isolated, Increasingly Diversified

Edited by Steffen Hindelang and Markus Krajewski

Reviews and Awards

"Hindelang and Krajewskis collection masterfully guides the reader through the intricate maze of the interaction between investment law and sustainable development from a variety of perspectives ranging from regional outlooks to theoretical analyses of the implications involving general international law. Accordingly, it is expected that the collection will be of great help to those researching the topic now a classic in its own right, though, as the collection demonstrates, a multi-faceted and unsettled one in academia, policy, and private practice." - Niccolò Ridi, European Journal of International Law