Most efforts to negotiate a multilateral agreement on the liberalization and protection of investment have failed despite the fact that there are more than 2,400 bilateral investment treaties in existence. We have coined this phenomenon the quot;lateralism paradox.quot; Within this article, we...

Between 2002 and 2007, the United States has concluded 11 free trade agreements (hereinafter FTAs) with different countries throughout the world, including Australia and South Korea. The above mentioned FTAs have entailed significant restriction on the ability of states parties to pursue...

The renegotiation and possible termination of the North American Free Trade Agreement (NAFTA) sparked a lot of interest and concern in light of the United States’ declared objective to "rebalance the benefits" of the agreement. This edited book provides an overview of the changes brought to...

Twelve years after the inception of the North American Free Trade Agreement (NAFTA), the US policy on the protection of foreign investment is evolving. This article compares the provisions on investment in the recent US free trade agreements (FTAs) and the 2004 model bilateral investment treaty...

Stumpage rights on trees from public forests are set in Quebec in reference to prices in the private wood market. In the softwood lumber dispute with the United States, if the US Department of Commerce considered in 1992 that this market was competitive, and thus could be used as a benchmark, it...