International law on sovereign defaults is underdeveloped because States have largely refrained from adjudicating disputes arising out of public debt. The looming new wave of sovereign defaults is likely to shift dispute resolution away from national courts to international tribunals and transform the current regime for restructuring sovereign debt. Michael Waibel assesses how international tribunals balance creditor claims and sovereign capacity to pay across time. The history of adjudicating sovereign defaults internationally over the last 150 years offers a rich repository of experience...

In dieser Arbeit wird die Stadtentwicklung Hanois von den Anfangen bis heute als Abfolge historischer und gegenwartiger Transformationsprozesse dargestellt. Insbesondere wird auf die Auswirkungen des jungsten Transformationsprozesses, unter dem Namen Doi Moi bekannt, eingegangen. Ahnlich wie in vielen osteuropaischen Stadten sind von jeweils unterschiedlichen Akteursgruppen initiierte transformationstypische Prozesse wie ein Grundungsboom im Privatsektor, nachholende Citybildung, Internationalisierung sowie mit sozial und raumlicher Segregation einhergehende Verdrangungsprozesse...

Investment treaties are some of the most controversial but least understood instruments of global economic governance. Public interest in international investment arbitration is growing and some developed and developing countries are beginning to revisit their investment treaty policies. The Political Economy of the Investment Treaty Regime synthesises and advances the growing literature on this subject by integrating legal, economic, and political perspectives. Based on an analysis of the substantive and procedural rights conferred by investment treaties, it asks four basic...

Investment treaties are some of the most controversial but least understood instruments of global economic governance. Public interest in international investment arbitration is growing and some developed and developing countries are beginning to revisit their investment treaty policies. The Political Economy of the Investment Treaty Regime synthesises and advances the growing literature on this subject by integrating legal, economic, and political perspectives. Based on an analysis of the substantive and procedural rights conferred by investment treaties, it asks four basic...