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International Investment Law Reform

Contemporary Issues and Solutions

By: Obiajunwa Ama

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eText | 11 March 2025 | Edition Number 1

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This book offers contemporary assessment of the challenges facing international investment law and proposes innovative solutions for reform.

The most controversial issue in international investment law is on the settlement of investor-state disputes and its implications on national regulatory autonomy. This book recognises that current literature in international investment law fails to adequately incorporate diverse perspectives. Therefore, it interrogates the United Nations Sustainable Development Goals and their relationship with international investment policies of developing countries, particularly in Africa where there has been a marked increase in investor-state disputes. Despite existing reform proposals by the UNCITRAL Working Group III, and emerging progressive treaty drafting practices around the world, there remains a need for further clarity on how the world should proceed in reforming and restructuring international investment law and policy. This book contributes to existing body of research knowledge by presenting new evidence and proposing practical solutions to enhancing the regulation of international investments and promotion of sustainable development.

It will inform a range of stakeholders including investors, civil society organisations, States, students, and international organisations such as the World Bank.