Introduction to International Commercial Arbitration
PRINCIPLES AND PRACTICES OF INTERNATIONAL ARBITRATION, 2ND ED., Cambridge University Press, 2012
26 Pages Posted: 13 Oct 2011 Last revised: 16 Jul 2020
Date Written: October 11, 2011
This is the introduction to the second edition of the book, Principles and Practices of International Arbitration, published by Cambridge University Press. The introduction provides an overview of international commercial arbitration and discusses its defining characteristics, its advantages and disadvantages, and its regulatory framework. It explains the differences between institutional arbitration and ad hoc arbitration, and discusses various international arbitral institutions. In addition, arbitrations outside of commercial arbitration, such as investment arbitration and arbitrations between nation states are considered. Finally, the introduction includes a brief discussion of other dispute resolution methods, such as mediation, conciliation, mini-trials, expert determination and neutral evaluation.
Keywords: arbitration, arbitral institution, international arbitration
JEL Classification: K33, K41
Suggested Citation: Suggested Citation