Part II International Economic Law as an Order of Rules and Principles, X Dispute Settlement
- Arbitration — Jurisdiction — Foreign judgments, recognition and enforcement — Evidence
The spectrum of dispute settlement mechanisms in international economic law is as broad as the variety of potential disputes.1 Each dispute mechanism tries to respond to the different interests involved. A rough distinction can be made between the settlement of disputes between States and those between private actors. Disputes between States rarely arise from commercial transactions carried out directly between the States as contractual parties. Rather, most interstate disputes are related to measures of economic policy, such as restraints of trade, subsidies,...