Evolution, Evaluation and Future Developments in International Investment Law
International Investment Law, International Investment Arbitration, ICSID, International Investment Law Centre Cologne
At a time when the reform of the international investment law regime is high on the agenda of many States in the Global North and Global South, it is refreshing to read an edited collection of essays that are devoted to substantive and practical issues beyond the reform agenda in international investment law. Stephan Hobe and Julian Scheu’s edited book is a collection of essays with short, sharp, and insightful reflections on a broad range of themes in the fields of international investment law and international investment arbitration from a theoretical and practice-oriented perspectives.
The highly accessible essays straddle both historical and contemporary questions in international investment law and international investment arbitration while foregrounding important doctrinal and practical contexts that inform their narratives. Thematically, the book covers issues such as the private law evolution or foundations of international investment law; the nature of the relationship between international investment law and public international law; matters arising in the drafting and negotiation of investor-State contracts; investment protection in the age of climate change; a contextual analysis of the amendment process of the International Centre for Settlement of Investment Disputes (ICSID) Arbitration Rules; and the United National Commission on International Trade Law (UNCITRAL) Reform Process on Investor-State-Dispute-Settlement (ISDS). Stephan Hobe provides a brief introduction to the book, and Julian Scheu offers the concluding remarks.
The book, Evolution, Evaluation and Future Developments in International Investment Law, is unique in the way it ambitiously pulls together the foregoing broad topics from a host of season authors consisting of practitioners of international investment arbitration, in-house counsels, and academics. The book is the outcome of a symposium where authors were invited to reflect on the role of the International Investment Law Centre Cologne (IILCC) on its 10th Year Anniversary. In this regard, the contributions also imagine areas of future direction as to how the IILCC can ‘provide a contribution to doctrinal discussion and its practical repercussions in the field of international investment law.’
Olabisi Akinkugbe, Book Review of Evolution, Evaluation and Future Developments in International Investment Law by Stephan Hobe and Julian Shehu, eds, (2022) 23:3 J World Investment & Trade 482.