By Jos_ E. Alvarez, February 8, 2012
This post has been viewed 1,778 times.
This article centers on the importance of recognizing the increased empowerment of state governments in the area of international investment law, especially in terms of investor-state dispute settlements and arbitral awards. It supports its argument that state governments are increasingly empowered in this era of global governance by discussing the trend in investment arbitration that has shifted from investor-favored awards in dispute settlement toward favoring state sovereignty.
