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The Legal Status of Stabilization Clauses Under International Law: The Current Practice

  • Jola Gjuzi
Chapter

Abstract

The relevance of the traditional efforts for internationalizing investment contracts has diminished significantly. On the one hand, the introduction and development of the internationalization theory was accompanied with certain reluctance by arbitral tribunals, as well as some strong opposition by scholars, particularly of developing countries. Indeed, from a theoretical perspective the debate is a “never-ending” one, with “a confident strand of doctrine reject[ing] the notion of the contract subject to international law, while an equally confident strand continu[ing] to affirm and embrace it.”

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Authors and Affiliations

  • Jola Gjuzi
    • 1
  1. 1.Kalo & Associates Law FirmTiranaAlbania

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