Abstract
The preservation and protection ofcitizens' welfare and the State's economic and political interests in encouraging foreign investment form 2 sides of the same coin. The emergence of an extensive global network of Bilateral Investment Treaties therefore, can be attributed primarily to the desire of States to safeguard their foreign investments. Traditionally perceived as being harmless accords, Bilateral Investment Treaties have increasingly occupied global centre stage for their ability to impact States in multiple ways, especially during times of crisis. And in light of this amplified significance, the growth and evolution of the international investment treaty regime has become extremely necessary. This article delineates the essential legal elements of Bilateral Investment Treaties and examines their usage in light of landmark investment aoards. It also discusses measures that States can adopt in order to achieve the investor-citizen balance in times of crisis. Finally, the author proposes reforms that could be implemented in general and at the International Centre for Settlement of Investment Disputes, in order to address current issues with the process of Investment Treaty Arbitration.
Recommended Citation
Jones, Doug
(2013)
"Investor-State Arbitration in Times of Crisis,"
National Law School of India Review: Vol. 25:
Iss.
1, Article 2.
Available at:
https://repository.nls.ac.in/nlsir/vol25/iss1/2
