{"id":5393,"date":"2018-07-30T08:26:16","date_gmt":"2018-07-30T13:26:16","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=5393"},"modified":"2024-08-09T18:28:41","modified_gmt":"2024-08-09T16:28:41","slug":"the-rise-of-investor-state-arbitration-politics-law-and-unintended-consequences","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2018\/07\/30\/the-rise-of-investor-state-arbitration-politics-law-and-unintended-consequences\/","title":{"rendered":"The Rise of Investor\u2013State Arbitration: Politics, law, and unintended consequences"},"content":{"rendered":"<h3>By Taylor St John, Published by Oxford University Press, May 2018<\/h3>\n<p>Why did governments create a special legal regime in which foreign investors can bring cases directly against states? This book takes readers through the key decisions that created investor\u2013state arbitration, drawing on internal documents from several governments and extensive interviews to illustrate the politics behind this new legal regime. It argues that, at the creation of the investor-state regime, the lobby of corporations and law firms that dominate investor\u2013state arbitration today were not present. It shows that powerful states did not have a strong preference for the specific dispute settlement regime and that there was no evidence that it would facilitate investment. The book explains how the actions of international officials with peacebuilding and development aims kicked off a process of gradual institutional development. It argues that institutions do not determine the purposes to which they may be put and illustrates how unintended consequences emerge and why institutions persist regardless of a pre-determined objective. Available at <a href=\"https:\/\/global.oup.com\/academic\/product\/the-rise-of-investor-state-arbitration-9780198789918\">https:\/\/global.oup.com\/academic\/product\/the-rise-of-investor-state-arbitration-9780198789918<\/a><!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips65','East African community'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>Why did governments create a special legal regime in which foreign investors can bring cases directly against states?<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[417],"tags":[1925],"class_list":["post-5393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-resources","tag-investor-state-dispute-settlement-isds"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/5393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=5393"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/5393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=5393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=5393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=5393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}