The Private Law Critique of International Investment Law

Julian Arato ^[1]
1. [1] Brooklyn Law School
  
  Brooklyn Law School
  
  Estados Unidos
Localización: American Journal of International Law, ISSN 0002-9300, Vol. 113, Nº 1, 2019, págs. 1-53
Idioma: inglés
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Resumen
- This Article argues that investment treaties subtly constrain how nations organize their internal systems of private law, including laws of property, contracts, corporations, and intellectual property. Problematically, the treaties do so on a one-size-fits-all basis, disregarding the wide variation in values reflected in these domestic legal institutions. Investor-state dispute settlement exacerbates this tension, further distorting national private law arrangements. This hidden aspect of the system produces inefficiency, unfairness, and distributional inequities that have eluded the regime's critics and apologists alike.