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- W1580490317 abstract "Globalization has increased international investment activity, but no unified legal framework governs international investments. After several attempts to establish a multilateral investment framework, prospective parties remain unable to reach a consensus on a viable system to address investor and state rights. Developed, capital exporting states wish to protect their citizens' investments, whereas developing states simultaneously seek to attract investments and maintain regulatory autonomy. In the absence of a comprehensive agreement, bilateral investment treaties serve as the primary legal instruments setting forth the terms of cross-border investments. These treaties often grant private investors the right to file claims before the International Centre for the Settlement of Investment Disputes (ICSID). ICSID cases sometimes raise questions that mirror the competing interests of developed and developing states that surface during multilateral investment treaty negotiations. Amending the ICSID Convention to include a provision allowing tribunals to consider environmental, public health, and labor concerns would serve as a positive step toward establishing an investment regime that maximizes the interests of investors and host Copyright ? 2009 by Kate M. Supnik. f Duke University School of Law, J.D. and LL.M. in international and comparative law expected 2010; Wellesley College, B.A. 2005.1 would like to thank Professor Youngjin Jung for introducing me to international investment law and the editors of the Duke Law Journal for their hard work and astute suggestions. I dedicate this Note to my parents, who encouraged me to consider international perspectives in all my endeavors. This content downloaded from 207.46.13.161 on Fri, 16 Dec 2016 07:39:32 UTC All use subject to http://about.jstor.org/terms 344 DUKE LAW JOURNAL [Vol. 59:343 states alike. This scheme would better address state interests, enhance ICSID's legitimacy, and increase the likelihood of future, successful negotiations to establish a workable and comprehensive multilateral investment framework." @default.
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- W1580490317 date "2009-11-01" @default.
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- W1580490317 title "Making Amends: Amending the ICSID Convention to Reconcile Competing Interests in International Investment Law" @default.
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