Sunday, March 15, 2020

Akinkugbe: Reverse Contributors? African State Parties, ICSID and the Development of International Investment Law

Olabisi D Akinkugbe (Dalhousie Univ. - Law) has posted Reverse Contributors? African State Parties, ICSID and the Development of International Investment Law (ICSID Review - Foreign Investment Law Journal, forthcoming). Here's the abstract:
International investment disputes involving African States before the International Centre for the Settlement of Investment Disputes (ICSID) have generated significant critical inquiry. Yet, not enough academic literature has been devoted to accounting for the implications that arise from the disputes involving African States to the development of the ICSID case law and international investment law in general. This article addresses this gap by conceptualizing African States parties before ICSID tribunals as reverse contributors. While the article acknowledges the critiques of ICSID vis-à-vis African State parties, it contends that, over time, the involvement of African States in ICSID disputes has generated opportunities for the clarification, confirmation and development of ICSID jurisprudence. Although the article is not a case for African exceptionalism, it contributes to the dearth of materials that revisit the participation of African States before ICSID, while simultaneously acknowledging the need for reforms.