International Investment Law and the Global Financial Architecture
By Christian J. Tams, Stephan W. Schill & and Rainer Hofmann (Eds.), Published by Edward Elgar Publishing, February 2017
The global crises of the early 21st century have tested the international financial architecture. To ensure stability, governments have regulated financial and capital markets. This has implicated international investment law, which investors have invoked as a shield against debt restructuring, bail-ins or bail-outs. This book considers where the line should be drawn between legitimate regulation and undue interference with investor rights, and who draws it. It assesses the key challenges facing decision makers, analyzes arbitral and treaty practice, and evaluates ways towards a balanced system of investment protection in the financial sector. Available at http://www.e-elgar.com/shop/international-investment-law-and-the-global-financial-architecture.