The future of international investment dispute resolution lies in the creation of an independent investment court.
The future of international investment dispute resolution lies in the creation of an independent investment court. Critically discuss.
Although these potential benefits are undeniable, there remain some drawbacks which must be considered before making any firm conclusions about its merits . For instance ,while this system does aim at promoting fairness within proceedings more efficient decision-making might actually lead decisions being made faster less rigorously due judge’s lack expertise particular matters . In addition costs associated setting up operating such institution can potentially outweigh advantages as means effective enforcement still has yet implemented while institutions themselves require time resources maintain Ultimately then while idea creating independent court appears promising further analysis will needed determine whether indeed best resolution conflicts arise out investments abroad given current context.
All things considered therefore it seems clear that establishing independent courts handle cases related international investments has potential benefit both those involved disputes as well global economy whole when done correctly applied appropriately Although it not perfect system undoubtedly present real opportunity improve way settlement reached diplomatic measures achieve desired results rather than resorting litigation each time disagreement arises