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The Law of the International Centre for Settlement of Investment Disputes is the first book to describe the origins, organisation and operations of the Centre, popularly known by its acronym ICSID.. This book summarises the facts and the law derived from examining the cases that have come before ICSID Tribunals and provides a critical analysis of the issues that are likely to crop up in arbitration proceedings. . It gives a critical analysis for busy lawyers of the law governing arbitrations administered by the Centre and raises all the issues that are likely to crop up in arbitration proceedings.
Although intended primarily for lawyers, the book serves as a manageable handbook also for government administrators and investors and their advisers. The book introduces them to this unique arbitral institution and describes the potential of ICSID Tribunals to develop rules of international economic law to govern the special nature of transactions between public officials of developing countries and multinational and transnational companies investing in the exploitation of natural and other key economic resources.