INVESTOR-STATE DISPUTE SETTLEMENT IN INTERNATIONAL PUBLIC LAW: A CRITICAL ASSESSMENT AND FUTURE DIRECTIONS
DOI:
https://doi.org/10.69691/fzm6n244Keywords:
investor-State Dispute Settlement (ISDS), Bilateral Investment Treaties (BITs), Foreign direct investment (FDI), Sovereignty, Regulatory space.Abstract
Investor-State Dispute Settlement (ISDS) is a mechanism that allows foreign investors to bring claims against states in which they have invested, typically through arbitration rather than national courts. Initially conceived as a means to protect investments in politically unstable environments, ISDS has become a central point of debate in international public law. This article offers a critical assessment of ISDS and explores future directions for reform to align the mechanism more closely with modern principles of public international law.
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