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BEGIN:VEVENT
DTSTAMP:20260403T224840Z
DTSTART;VALUE=DATE-TIME:20141119T123000
DTEND;VALUE=DATE-TIME:20141119T140000
SUMMARY:Investment treaties\, sustainable development and reasonableness 
 review: In search of greater clarity and coherence
TZID:Europe/London
UID:20141119-094d434549852bfa014999abcceb3844@warwick.ac.uk
CREATED:20141110T122653Z
DESCRIPTION:Dr Federico Ortino (King's College London) Abstract Investmen
 t treaty law is a goldmine for academics with a compulsion for ordering 
 chaos. Diverging opinions with regard to\, for example\, the very notion
  of investment for purposes of determining the scope of investment treat
 ies and the jurisdiction of investment tribunals\, the content of the va
 rious substantive protections guaranteed by investment treaties (such as
  the fair and equitable treatment standard or the notion of indirect exp
 ropriation)\, and the role of investment (arbitral) tribunals are simply
  a fact of life in investment treaty law. Following such compulsion\, th
 e paper tackles two questions that are\, at the same time\, crucial and 
 controversial: first\, what is the long-term purpose of an investment tr
 eaty? Second\, what are the boundaries of an investment tribunal’s revie
 w based on the reasonableness of the host State’s conduct under an inves
 tment treaty? In our pursuit of greater clarity and coherence within the
  emerging investment treaty system\, the paper puts forward two related 
 arguments. First\, based on an evolutionary interpretation of the preamb
 le of international investment treaties\, I argue that the long-term pur
 pose of such treaties is sustainable development (section I). Second\, f
 ocusing on the integrative decision-making element of sustainable develo
 pment (often referred to as the principle of integration)\, I argue that
 \, when reviewing host State conduct on the basis of reasonableness-type
  standards\, investment tribunals should focus on less intrusive tests s
 uch as suitability (means-end) and necessity (cost-effectiveness) and av
 oid a review based on proportionality stricto sensu (cost-benefit balanc
 ing) (section II).
LOCATION:Warwick Law School Room S2:12
CATEGORIES:
LAST-MODIFIED:20141110T122653Z
ORGANIZER;CN=Sandra Phillips:
END:VEVENT
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