2015 Reports

WTO法与投资仲裁之合法性：缔约国的职责

Woss, Herfried

International investment protection standards are the result of a “dilatory formula compromise,” i.e. a formal compromise without agreement on its precise content, due to historical reasons. Their development is mainly through arbitral awards and scholarly writings in the absence of the further involvement of the contracting parties, which raises legitimacy issues.