This chapter will examine some issues relating to the concept of interest in the context of international responsibility. Generally speaking, interest can be an element both in the calculation of a sum due as damages or compensation (pre-award interest) and in relation to the obligation of a judgment debtor as regards the payment of the sum awarded (postaward interest). A tribunal that possesses jurisdiction to determine liability and the compensable damage flowing therefrom is both entitled and obliged to give consideration to interest. A tribunal may refuse to...
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