Chapter

Introduction

Gus Van Harten

in Investment Treaty Arbitration and Public Law

Published in print August 2008 | ISBN: 9780199552146
Published online January 2009 | e-ISBN: 9780191711558 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199552146.003.0001

Series: Oxford Monographs in International Law

 Introduction

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This introductory chapter begins with a discussion of the collapse of the Argentine economy in December 2001, which prompted foreign investors to file legal claims against the country. The example highlights the question of who should bear the cost of losses suffered by investors during the crisis and subsequent reforms. The chapter then discusses the emergence of an investment treaty arbitration system, the scope and complexity of the system, and the exceptionality of the system.

Keywords: investment treaty arbitration; Argentina; economic collapse; financial crisis

Chapter.  5724 words. 

Subjects: Public International Law

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