FDI Perspective No. 147: “An appellate body for international investment disputes: How appealing is it? ,” by Joachim Karl

One suggestion in the ISDS reform debate relates to the establishment of an appellate body. This Perspective considers that an ad-hoc appellate body agreed upon in new investment treaties would be the most promising alternative. However, only a permanent appellate body could ensure coherence and predictability in global arbitration practice.

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