Global Public Interest in International Investment Law.

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Cover; Global Public Interest in International Investment Law; Series Page; Title; Copyright; Dedication; Contents; Foreword; Acknowledgments; Table of Cases; Table of Treaties and Other Documents; 1: Introduction; Part I: Towards the Global Public Interest theory; 2: The "internationalization" of international investment law; A.A first glance at Article 42(1) ICSID; "Article 42; 1. Context: general principle of Article 42 ICSID is freedom of choice; 2. Possible cases in which international law may be applicable under Article 42 ICSID.

3. International law as applicable even in case of an exclusive choice of domestic law according to Article 42(1) first sentence ICSIDB. Drafting history of Article 42(1) second sentence ICSID; C. The role of BITs in international investment law; 1. BITs as a recent phenomenon; 2. Codification and promotion of international law through BITs; D. The relationship of domestic law and international law; 1. Preliminary remarks; 2. The Klöckner-Amco doctrine39; (a) Case law under ICSID; (i) "Supplemental and corrective functions" of international law; (ii) Domestic law as the primary source.

(Iii) Conclusion(b) Approaches in scholarly writing; (i) Scholarly writing promoting the Klöckner-Amco doctrine; (ii) Critique of the Klöckner-Amco doctrine; (iii) Reisman: Corrective function only when collision with fundamental norms of international law; 3. The dissolution of the Klöckner-Amco doctrine; (a) First doubts: the Amco resubmitted case award; (b) The advent of BITs; (c) The growing role of international law; 4. A new doctrine: Wena; (a) The Wena decision93; (b) The first years after Wena: some ambiguities; (c) Confirmation and interpretation of the Wena doctrine.

5. The Argentine crisis Tribunals and beyond118(a) International and domestic law as comprehensive legal orders; (b) International law as ultimately supreme; E. The changing face of international investment law; 1. Six preliminary observations; 2. "Prominent role": The "internationalization" of international investment law; 3. The "integration" of international investment law162; 4. Outlook: The public interest challenge; 5. Consequences of the above findings: Three hypotheticals; (a) Environment; (b) Human rights; (c) Corruption.

3: Public interest and international economic law -- current approachesA. Scholarly approaches towards international legal obligations of MNEs; 1. A scholarly attempt to shape the practice: The Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights; 2. Scholarly approaches towards an international legal personality of MNEs; (a) Strict positivist view: only States as subjects of international law; (b) Different approaches endorsing an international legal personality of MNEs; (c) Conclusion.

B. Public interest considerations in recent BIT practice.

Outlines a general theory of whether and how to include public interest concerns in the realm of international investment law.

Includes bibliographical references and index.

English.

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