System-Building in Investment Treaty Arbitration and Lawmaking

  • Stephan W. Schill
Part of the Beiträge zum ausländischen öffentlichen Recht und Völkerrecht book series (BEITRÄGE, volume 236)


Since the late 1990s investment treaty arbitration has developed into one of the most vibrant fields of international dispute settlement with now almost 400 known cases.1 It involves claims by foreign investors against host States for breach of obligations assumed under one of the more than 2,700 bilateral investment treaties (BITs), under the numerous investment chapters in bilateral or regional free trade agreements including the North American Free Trade Agreement,3 or under sectoral treaties such as the Energy Charter Treaty.4 All of these instruments offer comprehensive protection to foreign investors by setting down principles of substantive investment protection, including national and most-favored-nation treatment, fair and equitable treatment, full protection and security, protection against expropriation without compensation, and free capital transfer.


Investment Protection Dispute Settlement Domestic Court Arbitral Tribunal Investment Treaty 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Max-Planck-Gesellschaft zur Förderung der Wissenschaften e.V. 2012

Authors and Affiliations

  • Stephan W. Schill
    • 1
  1. 1.Max Planck Institute for Comparative Public Law and International Law (MPIL)HeidelbergGermany

Personalised recommendations