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The Evolving International Investment RegimeExpectations, Realities, Options$
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Jose E. Alvarez and Karl P. Sauvant

Print publication date: 2011

Print ISBN-13: 9780199793624

Published to Oxford Scholarship Online: May 2011

DOI: 10.1093/acprof:oso/9780199793624.001.0001

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Challenges and Prospects Facing the International Centre for Settlement of Investment Disputes

Challenges and Prospects Facing the International Centre for Settlement of Investment Disputes

Chapter:
(p.120) 2.4 Challenges and Prospects Facing the International Centre for Settlement of Investment Disputes
Source:
The Evolving International Investment Regime
Author(s):

Nassib G. Ziadé

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199793624.003.0010

This chapter addresses some of the challenges that the International Centre for Settlement of Investment Disputes (ICSID) is facing, especially those concerning the legitimacy of the international investment dispute resolution system that ICSID serves. In particular, it focuses on challenges concerning ICSID's independence and governance, as well as on the relatively sudden increase in the Centre's caseload and case law. The consequences of this increase on international investment law are examined from the perspectives of ICSID's users, and the Centre itself.

Keywords:   legitimacy, investment disputes, dispute resolution, case law, international investment law

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