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The History of ICSID$
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Antonio R. Parra

Print publication date: 2012

Print ISBN-13: 9780199660568

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780199660568.001.0001

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ICSID from 1989 to 1999

ICSID from 1989 to 1999

(p.195) 9 ICSID from 1989 to 1999
The History of ICSID

Antonio R. Parra

Oxford University Press

This chapter deals with the last year of the 1980s and all of the subsequent decade. Though mostly placid for ICSID, the period was one of momentous change elsewhere in the World Bank Group and, of course, in the world at large. Section I describes the growing network of investment treaties, which was to have a tremendous impact on ICSID. The Multilateral Agreement on Investment episode is also discussed. There were many new signatures and ratifications of the ICSID Convention in the 1990s. They are recounted in Section II, which also looks at the working of the ICSID Secretariat during the decade. An overview of the cases submitted to ICSID between 1989 and 2000 is provided in Section III. Among them were the first Additional Facility cases. The Additional Facility cases, six of which were brought to the Centre under the investment chapter of the NAFTA, are examined in Section IV. The potential of bilateral investment treaties (BITs) to generate cases for ICSID started to be realized in earnest in this period. Several of the new BIT cases led to decisions that were particularly influential in the development of subsequent jurisprudence. These leading BIT cases are examined in Section V.

Keywords:   disputes, bilateral investment treaties, multilateral agreement on investment, additional facility cases, NAFTA

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