To what extent might these developments best be described as just a ‘storm in a teacup’ or indicative of a much needed overhaul of ICSID?

‘The basic goal of the ICSID system is to promote much needed international investment by offering a mutual dispute resolution forum both to investors that are (rightly or wrongly) wary of nationalistic decisions by local courts and to host states that are (rightly or wrongly) wary of self-interested actions by foreign investors’

(Guide to ICS1D Arbitration second edition 2011 by Reed. Paulson and Blacksburg).

) To what extent can this statement be supported. given the

denunciation of and withdrawal from the 1CSID Convention by a number of Latin American states between 2007- 2012?

and

2) To what extent might these developments best be described as just a ‘storm in a teacup’ or indicative of a much needed overhaul of ICSID?

0 City, University of London 2019

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