Business Law
Vugar Rustamli
Abstract
Nowadays it is difficult to imagine the resolution of disputes in international and domestic commercial relations without the arbitration and mediation processes. In today’s globalized world, where the countries are integrated and commercial relations are intertwined, alternative dispute resolution, ...
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Nowadays it is difficult to imagine the resolution of disputes in international and domestic commercial relations without the arbitration and mediation processes. In today’s globalized world, where the countries are integrated and commercial relations are intertwined, alternative dispute resolution, along with the litigation, play an important role in the resolution of commercial disputes. Especially, if the parties are in different jurisdictions, alternative dispute resolution becomes more important for them. And integration into the modern world is one of the main factors for the all-round development of every country. For this reason, after the collapse of the USSR, countries which gained independence also started integrating into international law, international economic processes and associations. As a post-Soviet state, Republic of Azerbaijan also adopted many conventions and became a member of different international organizations. Azerbaijan’s integration process also made the establishment of new dispute resolution mechanisms a necessity for the country.
Business Law
Agata Zwolankiewicz
Abstract
The Covid-19 pandemic might have a negative effect on Foreign Direct Investment (FDI) worldwide. Namely, the pandemic may have a long-lasting impact on policymaking trends in the context of international investment law and international trade. It may accelerate the interventionism, protectionism, and ...
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The Covid-19 pandemic might have a negative effect on Foreign Direct Investment (FDI) worldwide. Namely, the pandemic may have a long-lasting impact on policymaking trends in the context of international investment law and international trade. It may accelerate the interventionism, protectionism, and reverse globalization trends already present in the changing landscape of international law. In this paper, the author will further examine the consequences of restricting and tightening foreign investment regimes worldwide. First, the author will analyze whether the Covid-19 pandemic and growing anti-globalization have decreased FDI and whether such decline is likely to continue in the future. Secondly, the author will examine whether implemented policies put the States at risk of facing ISDS claims. History teaches us that times of crisis attract an increased number of investment claims, e.g. Argentina faced about 50-known ISDS cases due to measures undertaken to combat the crisis.