The Rise of NAFTA 2.0: A Case Study in Effective ISDS Reform

@article{Gore2019TheRO,
  title={The Rise of NAFTA 2.0: A Case Study in Effective ISDS Reform},
  author={Kiran Nasir Gore and Charles Camp},
  journal={SSRN Electronic Journal},
  year={2019}
}
From 1994 to 2020, the North American Free Trade Agreement (NAFTA) enabled a free trade zone in the region. Its early days were undoubtedly successful. NAFTA was credited with stimulating trade, economic growth, and cooperation among Canada, Mexico, and the US. Yet, NAFTA was not without controversy. Its Chapter 11 offered an Investor-State Dispute Settlement (ISDS) mechanism that American and Canadian trade negotiators anticipated would protect their investors from risks posed by Mexico’s…