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Shifting Paradigms in International Investment LawMore Balanced, Less Isolated, Increasingly Diversified$
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Steffen Hindelang and Markus Krajewski

Print publication date: 2016

Print ISBN-13: 9780198738428

Published to Oxford Scholarship Online: April 2016

DOI: 10.1093/acprof:oso/9780198738428.001.0001

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Conclusion and Outlook

Conclusion and Outlook

Whither International Investment Law?

Chapter:
(p.377) Conclusion and Outlook
Source:
Shifting Paradigms in International Investment Law
Author(s):

Steffen Hindelang

Markus Krajewski

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198738428.003.0017

The conclusion returns to the core questions of the book—whether or not international investment law is embarking upon a shift of paradigms and hence becoming more balanced, less isolated, and increasingly diversified. While the contribution concedes that international investment law is now indeed occupied with a more balanced reconciliation of private and public interests and has witnessed an increase of alternative regulatory approaches concerning the protection of foreign investments, expectations concerning any prospects of a rapid incorporation of investment law into general public international law may rightly remain muted at this point. Overall, the field is in a tense state of flux, with important questions in need of apt resolution; some more controversial—reforming the system of investor–State Dispute settlement, for one—than others (protecting the State’s ability to regulate, for instance).

Keywords:   right to regulate, general public international law, international investment law, investor–State dispute settlement, UNCTAD, sustainable development

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