Investment Arbitration and State-driven Reform: New Treaties, Old Outcomes

Adopting a systemic, evidence-based, and interdisciplinary perspective, this book provides a holistic account of how states have changed the investment regime through their evolving treaty practice, how investment arbitration tribunals have rolled back changes by interpreting new treaties like old ones, and how states and tribunals can successfully modernize the investment regime by reading and reforming old treaties in light of new ones.