The institutionalization of international arbitration in international business and the roles and problems of international arbitration in international investment

Abstract

The article deals with the institutionalization of international arbitration in international business and the roles and problems of international arbitration in the field of international investment. Author specially focuses on the history of institutionalization of international arbitration and the formation process of international arbitration related to investments, the problems of investment arbitration as well as the procedures of Investor-State Dispute Settlement (ISDS).