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The History of ICSID$
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Antonio R. Parra

Print publication date: 2012

Print ISBN-13: 9780199660568

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780199660568.001.0001

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Origins of the Convention

Origins of the Convention

Chapter:
(p.11) 2 Origins of the Convention
Source:
The History of ICSID
Author(s):

Antonio R. Parra

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199660568.003.0002

This chapter looks at the immediate origins of the ICSID Convention, in the years 1955 to 1962. It discusses the proposed multilateral approaches to the promotion of private foreign investment, the World Bank's consideration of proposals, the role of ‘Black's Bank’ in the settlement of investment disputes, and the Bank begins to work on the initiative.

Keywords:   ICSID Convention, private foreign investment, World Bank, Black Bank, investment disputes

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