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Alec Stone Sweet and Florian Grisel have written a very interesting and timely book on international arbitration. The book will certainly shed light on current controversies over the role of arbitration in the transnational sphere. Readers will benefit greatly from it.
The book covers two different types of arbitration: international commercial arbitration and investor–state arbitration. The first modality develops in the private law domain, as private individuals and companies of different nationalities or places of residence interact with each other on the international stage. The contracting parties resort to arbitration when controversies arise in connection with such transactions. Governments acting in their private...
