Article
International Investment Law - Questions Riddling an Answer
(Editorial 2(1) Trade Law & Development 9 (2010))
Cross-border investment has steadily grown to become an outstanding feature of economic integration and is increasingly perceived as a direct indicator of development. Recent statistics are telling: over $1.5 trillion in investment flows under the regulatory umbrella of an estimated 2000 bilateral investment agreements and 300 regional agreements. However, those sunny statistics are in contrast to the shadows in the underlying legal framework.