Part III Towards a Jurisprudence Constante in Investment Arbitration Decision-Making on Corruption, 11 Concluding Chapter: Legal and Policy Tensions Underlying Anti-Corruption Decision-making
Aloysius P Llamzon
- Investment — Corruption — BITs (Bilateral Investment Treaties)
This chapter discusses the competing policy goals that vie for supremacy in every decision made by investment arbitrators concerning corruption. It considers all the policies that underpin the system of international investment arbitration — investor protection, good governance, and economic development — vis-à-vis international anti-corruption norms, leading to the proposal of an alternate typology for transnational corruption that may better assist arbitrators in the resolution of difficult corruption-related issues.