Investor-state Disputes Arising from Investment Treaties: A Review (Unctad Series on International Investment Policies for Development)

The paper takes stock of and analyses the recent increase in investor-State disputes - 225 known cases, with two-thirds filed since 2002. This surge in disputes proves that IIAs work toward creating a favourable investment climate. However, it raises concerns not only in terms of substantive and procedural issues, but also in terms of monetary implications and the limited technical capacity in developing countries to handle the disputes.