What Explains the Low Success Rate of Investor-State Disputes?

  title={What Explains the Low Success Rate of Investor-State Disputes?},
  author={Krzysztof J. Pelc},
  journal={International Organization},
  pages={559 - 583}
Abstract The treatment of foreign investment has become the most controversial issue in global governance. At the center of the controversy lies the mechanism of investor-state dispute settlement (ISDS), which allows private firms legal recourse against governments if government interference has degraded their investment. Using newly released data covering 742 investment disputes, I assess some of the central claims about ISDS. I argue that the regime has indeed undergone an important shift: a… 

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