This book ondines the principles behind the international law of foreign investment, focusing 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 analyses 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, oudining the operation of investor versus State arbitration.
The third edition of this authoritative work has been fully updated to reflect the evolution of treaty practice, jurisprudence, and doctrinal opinion, covering new treaties such as the CPTPP, USNICA, and CETA. 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 and practitioners alike.
Rudolf Dolzer (1944-2020) was Professor at the University of Bonn.
Ursula Kriebaum is Professor at die University of Vienna.
Christoph Schreuer is Of Counsel at Zeiler Floyd Zadkovich and Professor Emeritus at die University of Vienna.