Private Justice in a Global Economy: From Litigation to Arbitration
AbstractThe study of private settlement of cross-border trade and investmentdisputes through international commercial arbitration or othermechanisms has been much neglected by scholars of internationalpolitical economy and international institutions. This oversight isattributable in part to the traditional focus of international relationson intergovernmental international organizations and the lack ofattention to private international institutional arrangements. Afurther reason for the oversight is that arbitration is resolutelyprivate, making information exceedingly dif cult to obtain. Twodistinguished international arbitrators, Alan Redfern and Martin Hunter,recently observed that the study of the practice of internationalcommercial arbitration is like peering into the dark. Few arbitralawards are published and even fewer procedural decisions of arbitraltribunals come to light. Despite this dif culty, private forums forinternational commercial dispute resolution, of which internationalarbitration is an increasingly popular type, deserve much closerattention by scholars of international relations.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal International Organization.
Volume (Year): 55 (2001)
Issue (Month): 04 (September)
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