The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration

The paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the cost and duration of investment arbitration. Second, it will look...

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Main Author: Rajković Nataša
Format: Article
Language:English
Published: Union University, Faculty of Law, Belgrade 2024-01-01
Series:Pravni Zapisi
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2217-2815/2024/2217-28152402524N.pdf
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author Rajković Nataša
author_facet Rajković Nataša
author_sort Rajković Nataša
collection DOAJ
description The paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the cost and duration of investment arbitration. Second, it will look at the provisions of the 2022 ICSID Arbitration and Mediation Rules, as well as UNCITRAL Working Group III Draft Provisions, aimed at increasing efficiency in investment arbitration. Third, it will present efficiency in and of investment arbitration, on the one hand, and predictability, on the other, as intertwined issues. Fourth, it will use the intra-EU jurisdictional objections ratione personae and voluntatis as examples of how the unpredictability of arbitral outcomes reduces the efficiency in and of investment arbitration. Fifth, it will present some of the solutions that could improve efficiency in and of investment arbitration.
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publishDate 2024-01-01
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spelling doaj-art-1fc802f2575842cbbf9aba853e7ef86e2025-02-05T13:18:11ZengUnion University, Faculty of Law, BelgradePravni Zapisi2217-28152406-13872024-01-0115252455610.5937/pravzap15-533132217-28152402524NThe gem hidden behind Predictability: Discussing efficiency in and of Investment arbitrationRajković Nataša0https://orcid.org/0000-0002-0450-2038Universitat Pompeu, Fabra Faculty of Law, Barcelona, SpainThe paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the cost and duration of investment arbitration. Second, it will look at the provisions of the 2022 ICSID Arbitration and Mediation Rules, as well as UNCITRAL Working Group III Draft Provisions, aimed at increasing efficiency in investment arbitration. Third, it will present efficiency in and of investment arbitration, on the one hand, and predictability, on the other, as intertwined issues. Fourth, it will use the intra-EU jurisdictional objections ratione personae and voluntatis as examples of how the unpredictability of arbitral outcomes reduces the efficiency in and of investment arbitration. Fifth, it will present some of the solutions that could improve efficiency in and of investment arbitration.https://scindeks-clanci.ceon.rs/data/pdf/2217-2815/2024/2217-28152402524N.pdfinvestment arbitrationefficiencypredictabilityintra-eu jurisdictional objectionsspanish saga casesicsiduncitralprecedent
spellingShingle Rajković Nataša
The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration
Pravni Zapisi
investment arbitration
efficiency
predictability
intra-eu jurisdictional objections
spanish saga cases
icsid
uncitral
precedent
title The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration
title_full The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration
title_fullStr The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration
title_full_unstemmed The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration
title_short The gem hidden behind Predictability: Discussing efficiency in and of Investment arbitration
title_sort gem hidden behind predictability discussing efficiency in and of investment arbitration
topic investment arbitration
efficiency
predictability
intra-eu jurisdictional objections
spanish saga cases
icsid
uncitral
precedent
url https://scindeks-clanci.ceon.rs/data/pdf/2217-2815/2024/2217-28152402524N.pdf
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AT rajkovicnatasa gemhiddenbehindpredictabilitydiscussingefficiencyinandofinvestmentarbitration