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The History of ICSID, 2nd Edition by Parra, Antonio R

2 Origins of the Convention

From: The History of ICSID (2nd Edition)

Antonio R. Parra

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved. date: 15 October 2019

Subject(s):
Definition of investment — Nationality of investor — Ownership

This chapter looks at the immediate origins of the ICSID Convention, in the years 1955-1962. It discusses the proposed multilateral approaches to the promotion of private foreign investment, the World Bank’s consideration of proposals, the role of “Black’s Bank” in the settlement of investment disputes and the Bank begins to work on the initiative.

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