L'EMERGENCE D'UN DROIT INTERNATIONAL DES INVESTISSEMENTS Contribution des traités bilatéraux d'investissement et de la jurisprudence du CIRDI

Abstract : The relashionship between bilateral investment treaties and the case-law of the International Centre for Settlement of Investment Disputes (ICSID) has led to the emergence of international investment law. It seems surprising, at first, that these two distinct phenomena, being isolated and fragmented, would reach a certain degree of unity so that a real international legal order could appear, with its own structure, reasoning and principles. No one could foresee such an evolution, the regime of international investment being founded on a large number of bilateral treaties and on an international institution which only provides facilities for arbitration of international investment disputes. The unity of the system has been discovered through the back and forth movements between treaties and arbitration which gave rise to international investment law. This system has now almost universal norms, an international judge and satisfies the criteria of unity, efficiency, consistency and completeness, producing a real legal order functioning in accordance with its own logic. There is no doubt that this evolution will influence the course of international law.
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Olivia Danic. L'EMERGENCE D'UN DROIT INTERNATIONAL DES INVESTISSEMENTS Contribution des traités bilatéraux d'investissement et de la jurisprudence du CIRDI. Droit. Université Paris 10 Nanterre, 2012. Français. ⟨tel-02166275⟩

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