This introductory chapter first sets out the book's purpose, which is to explore the ways in which existing theoretical perspectives on international investment law and arbitration can be deployed to resolve concrete problems and disputes in a more just, fair, and coherent way. It reviews current debates surrounding investment treaty arbitration. Some theorists, for instance, claim that investment treaty arbitration is a privatized regime for dispensing commercial justice; others have focused on its public international law credentials as a modern substitute for diplomatic protection or even gunboat diplomacy. An overview of the subsequent chapters is also presented.
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