<i>'This book closes a serious gap in the writings on international investment law. It explores the complex relationship between investment law and international finance, dealing with sovereign debt restructuring, bank rescues, monetary transfers and related topics. In doing so, it addresses the competing goals and divergent methodologies of the two fields and the potential tension between investment protection and broader macroeconomic concerns. A must in every library on international investment law and international finance.' </i>
- Christoph Schreuer, University of Vienna, Austria,
<i>'The first book on the evolving panorama between the legal worlds of finances and of investment: new topics, new cases, new ideas. Timely, comprehensive, full of details embedded in the grander picture.'</i>
- Rudolf Dolzer, University of Bonn, former Director of the Institute of International Law, Germany,
<i>'This timely book examines how investment law rubs up against the global financial architecture. The tension between state regulatory autonomy and the review of states' measures by investment tribunals is often acute. For policymakers the stakes are particularly high. The book offers an admirable and comprehensive exploration of how these two regimes with very different rationales interact.'</i>
- Michael Waibel, University of Cambridge, UK,
Across the diverse chapters herein, expert international scholars assess the key challenges facing decision makers, analyze arbitral and treaty practice and evaluate ways towards a balanced system of investment protection in the financial sector. In doing so, they offer a detailed analysis of the interaction between investment protection and financial regulation in fields such as sovereign debt restructuring and bank rescue measures.
Combining high-level analysis with a detailed assessment of controversial legal issues, this book will provide guidance for both academics and legal practitioners working in international economic law, international arbitration, investment law, international banking and financial law.
Contributors include: A. Asteriti, P. Athanassiou, C.N. Brower, A. De Luca, A. Goetz-Charlier, M. Goldmann, A. Gourgourinis, R. Hofmann, H. Kupelyants, Y. Li, M. Mendelson, M.W. Müller, C. Ohler, M. Paparinskis, P. Ranjan, S.W. Schill, M. Sudreau, C.J. Tams