Includes bibliographical references and index.

The origins of investment protection and international investment law -- Investment contracts and internationalisation -- The metamorphosis of investment treaties -- Investment dispute settlement -- Jurisdiction, admissibility, and parallel proceedings -- Applicable laws -- Arbitrators -- Evidence -- Provisional measures -- Protected investments -- Protected investors -- Fair and equitable treatment, and full protection and security -- Contingent standards : national treatment and most-favoured nation treatment -- Expropriation -- Umbrella clauses -- Defences -- Remedies -- Costs and legal fees -- Challenging and enforcing awards, and the question of foreign state immunities -- New directions in international investment law and arbitration.

"The aim of the second edition remains that of the first. We are grateful to our colleagues in the law school teaching profession for adopting the first edition which appeared just less than three years ago. When Cambridge University Press requested a new edition so swiftly we did not hesitate due to the rapid, even clamorous, movements in the field. The second edition is expanded slightly with a new chapter, a new Chapter 7, by Lim and Paparinskis on the arbitrators, not least as the authors feel that it is indispensable to an understanding of present calls for reform of investment arbitration"-- Provided by publisher.