Redesign of International Investment Contracts

Edited by Yuliya Chernykh, Professor of Law, University of Inland Norway, Norway, David Collins, Professor of International Economic Law, City St George’s, University of London and Hayk Kupelyants, Lecturer, King's College London, UK

‘As the backlash against the investment treaty system prompts renewed interest in investment contracts, the reflections collected in this timely book are bound to stimulate necessary debate on how we understand the past, present and future of contracts as a mode of investment governance.’

• ContentsIntroduction: international investment contracts as agents andobjects of transformation 1Yuliya Chernykh, David Collins and Hayk Kupelyants1 The (de-)nationalisation of the international investmentcontract: between history and imagination 11Vladislav Djanic2 From economic development agreements to internationalinvestment contracts: some reflections around sustainabilityand choice of law 37Sondra Faccio3 Clear language and international investment contracts 62Yuliya Chernykh4 The UNIDROIT methodology and the two circles ofprinciples for the harmonisation of international investmentcontracts 84Rocco Palma5 Model contracts and the rebalancing of internationalinvestment law: insights from Egypt’s Model MiningExploitation Agreement 116David Collins6 Validity of stabilisation clauses in international investmentcontracts: a private international law perspective 143Hayk Kupelyants7 The controversial nature of sovereign debt contracts: potentialimplications for the regulation of international investmentcontracts 159Livia Hinz and Astrid Iversen8 Corruption in contract-based investment disputes: fromallegations to consequences 186Yarik Kryvoi