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Part I Overview, 1 Introduction

From: International Investment Arbitration: Substantive Principles (2nd Edition)

Campbell McLachlan, Laurence Shore, Matthew Weiniger

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 08 February 2023

Precedent — Investor — Standards of treatment — Customary international law — Relationship of international law & host state law

This book explains the substantive principles underlying international investment arbitration. The Introduction begins with the proposition that, despite their great variety, investment treaties are not self-contained regimes. They are creatures of international law: their meaning is to be considered in light of the larger system of which they form a part. Having outlined the structure and subject-matter of the book, the Introduction considers the extent to which it can properly be said that there are common principles of investment law, developed through arbitral awards and the practice of States in concluding treaties. It concludes with a discussion of the importance of balanced doctrinal analysis in the development of the field.

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