Effectiveness of International Commercial Arbitration as a Dispute Settlement Mechanism

17 Pages Posted: 17 May 2017 Last revised: 19 May 2017

Date Written: January 17, 2017

Abstract

International Commercial Arbitration has consolidated in the recent decades as a widespread dispute resolution mechanism for solving trans-border business conflicts around the world.

This contribution concentrates on some highlighting features that historically made this mechanism very effective, highlighting the challenges of not losing sight of the cosmopolitan spirit that must guide parties and arbitrators in light of recent developments.

Keywords: Arbitration, Non State Law, Corrective Formula, Lex Mercatoria

Suggested Citation

Moreno Rodríguez, José, Effectiveness of International Commercial Arbitration as a Dispute Settlement Mechanism (January 17, 2017). Available at SSRN: https://ssrn.com/abstract=2969845 or http://dx.doi.org/10.2139/ssrn.2969845

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