Investment Arbitration and National Interest covers a topic that has become so divisive and controversial that it is no longer only legal scholars who debate over it. The matter has both sparked the imagination of practitioners and provoked outrage in the population at large. Newspapers and magazines have dedicated quite a few pages to investment arbitration, often casting it in a rather negative light. For instance, in an opinion piece written for the New York Times in 2014, Manuel Pérez-Rocha observed:
The investor-state dispute settlement mechanism is like playing soccer on half the field. Corporations are free to sue, and nations must defend themselves at enormous cost—and the best a government can hope for is a scoreless game. [We ought] not to privilege foreign investors to the detriment of the national—or global—good.
Although written six years ago, the sentiment behind these words remains relevant, perhaps even more so now than before. Investment Arbitration and National Interest discusses issues and dilemmas that are current and of interest to arbitration enthusiasts, practitioners and the public at large.