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Prof. Brigitte Stern, Honorary Professor, University Paris I Sorbonne; Associate Member, Institute of International Law.
This course will review various approaches to the definition of investment, mainly but not exclusively in relation to ICSID arbitration. Regard will be had to the distinction between the objective approach, based on the Salini test, and the subjective approach; to the question if all economic operations defined as investments are protected investments; and to whether the definition of a protected investment is a question of jurisdiction or merits. |
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