Fach Gómez, Katia --- "Latin America" [2019] ELECD 420; in Krajewski, Markus; Hoffmann, T. Rhea (eds), "Research Handbook on Foreign Direct Investment" (Edward Elgar Publishing, 2019) 494

Book Title: Research Handbook on Foreign Direct Investment

Editor(s): Krajewski, Markus; Hoffmann, T. Rhea

Publisher: Edward Elgar Publishing

ISBN: 9781785369841

Section: Chapter 16

Section Title: Latin America

Author(s): Fach Gómez, Katia

Number of pages: 29

Abstract/Description:

The chapter focuses on current legislative policies on investment in Latin American countries, and the main characteristics and legal consequences of the investment arbitration claims with which these states have been confronted to date. It therefore provides a succinct historical overview of international investment and investor-State dispute settlement (ISDS) in Latin America and outlines Latin American countries’ main complaints regarding the current ISDS system, which necessarily refer to their critical view of the International Centre for Settlement of Investment Disputes (ICSID). Moreover, the chapter takes a close look at the multifaceted legal opposition to ISDS in Latin American countries, and explores some initiatives that are currently providing inspiration for the future of investment dispute resolution in Latin America.