The Nature and Enforcement of Investor Rights under Investment Treaties: Do Investment Treaties have a Bright Future?

U.C. Davis Journal of International Law and Policy, Vol. 12, No. 47, 2005

53 Pages Posted: 3 Oct 2005  

Susan D. Franck

American University - Washington College of Law

Abstract

The number of bilateral and multilateral investment treaties has surged in the past decade. Investors are actively using these treaties to bring claims against sovereign states, and many of these tribunals have come to conflicting - if not diametrically opposed - results on the meaning of substantive treaty rights. This article evaluates the positive and negative attributes of such inconsistencies and the impact upon the rule of law. The article recommends building safeguards into the current dispute resolution process to minimize the negative impact of inconsistency and maximize its positive attributes.

Keywords: Bilateral investment treaty, ICSID, foreign investment, dispute resolution, arbitration

JEL Classification: F21, K33, F23, O19, K41, K12

Suggested Citation

Franck, Susan D., The Nature and Enforcement of Investor Rights under Investment Treaties: Do Investment Treaties have a Bright Future?. U.C. Davis Journal of International Law and Policy, Vol. 12, No. 47, 2005. Available at SSRN: https://ssrn.com/abstract=811027

Susan D. Franck (Contact Author)

American University - Washington College of Law ( email )

4300 Nebraska Avenue, NW
Washington, DC 20016
United States

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