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12 Conclusion

Antonio R. Parra

From: The History of ICSID (1st Edition)

Antonio R Parra

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From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved. date: 23 October 2020

Subject(s):
Arbitration — Conciliation
This chapter offers some general observations based on the preceding history. By the end of fiscal year 2010, the ICSID Convention had 144 Contracting States. A total of 319 cases had been submitted to the Centre, 27 in 2010 alone. Of the 319 cases, 85 had been amicably settled or otherwise discontinued by the parties. Some 120 had given rise to awards. These were evenly divided between awards upholding claims and awards dismissing them.1 During fiscal year 2011, the number of Contracting States rose to 147. And there was a 20 percent jump in the rate of growth of...
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