Rethinking Bilateral Investment Treaties: Critical Issues and Policy Choices Edited by: Kavaljit Singh and Burghard Ilge

he cross-border investment flows are currently governed by bilateral and regional investment treaties. Today, more than 3,000 BITs are in existence globally. However, there are signs of growing unease with the BIT regime across countries and regions. The growing number of investor claims against sovereign states challenging a wide array of public policy decisions and regulatory measures has evoked deep concerns about the potential costs associated with such treaties.

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