Borzu Sabahi is an Adjunct Professor at Georgetown University Law Center and a partner at Curtis, Mallet-Prevost, Colt and Mosle LLP, Washington, DC.Ian A. Laird is an Adjunct Professor at Georgetown University Law Center and a partner at Crowell & Moring LLP, Washington, DC..Giovanna E Gismondi is the Managing Director of the International Investment Law Center at Georgetown University.

• ContentsInternational Investment Law and Arbitration: History, Modern Practice, and Future ProspectsIan A. Laird, Borzu Sabahi, and Giovanna E. GismondiAbstractKeywordsI. IntroductionII. Forces that Shape the System of Investment Protection and PromotionIII. Genesis of the Law: Protection of Aliens Abroad, Gunboat Diplomacy, Minimum Standard, and Diplomatic ProtectionIV. Protection through Peaceful Means of Settlement of Disputes: Hague Conferences, PCIJ, ICJV. Post-World War II: Promotion and Protection of Private Capital FlowsVI. FCN and BIT Programs and Recognition of Foreign Investors’ Right to Directly Submit Claims to International Arbitration without Espousal or Exhaustion of Local RemediesVII. Content of Modern BITsVIII. Scaling Back Protections and BacklashIX. ConclusionBibliography