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2023 in Review: Climate Change and ISDS – Reshaping Investment Arbitration to Achieve Climate Goals

Kluwer Arbitration

In 2023, investor-State dispute settlement (ISDS) reform has been influenced by growing concerns over climate change and state responsibility. This post summarizes key ISDS and climate change developments that took place in 2023. This led more EU member states to notify their withdrawal.

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How Do Inflation Shocks Affect Public Debt Dynamics?

Inter-American Development Bank

Source: Valencia, Gamboa-Arbeláez y Sánchez (2023). Three important variables worth highlighting are borrowing costs, primary balances, and exchange rates. Source: Valencia, Gamboa-Arbeláez y Sánchez (2023). Our analysis reveals that demand shocks have a significant and positive influence on the primary balance.

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I Know the Witnesses and I Will Believe Them; There is No Need for Cross-Examination: A Rare Example of Arbitrator Bias Before English Courts

Kluwer Arbitration

The Court considered that “the suggestion that it was unnecessary to call any expert witnesses was plainly not an expression of a balanced and impartial view, or merely a concern about the hearing over-running, or an attempt by the arbitrator to impose an orderly and economical procedure on the parties.”

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4 steps EdTechs can take to grow their profitability on AWS

AWS Public Sector

However, as HolonIQ reports in its 2024 Global Education Outlook , funding sources slowed across the board in 2023, dropping 59% from 2022 levels. EdTech leaders must strike the right balance of investment to drive growth, and a return on investment for their owners.

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Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

The experience with the implementation of fiscal rules in Latin America and the Caribbean (LAC) shows that compliance with fiscal rules is far from perfect, and understanding the multiple factors that influence compliance is key to enhance the effectiveness of this instrument to promote the sustainability of public finances.

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Anti-Suit Injunctions in Support of Foreign-Seated Arbitrations

Kluwer Arbitration

The divergent conclusions reached in these decisions invite an analysis of the principled bases of this remedy and how they influenced their outcomes. On 11 October 2023, the Court of Appeal published its full reasons for allowing an appeal from Bright J’s judgment, in Deutsche Bank AG v RusChemAlliance LLC [2023] EWCA 1144 ( DBAG ).

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2024 PAW: Affaires d’Etats Vol. 3 – Amplifying the Voices of Developing States in ISDS Reform

Kluwer Arbitration

Mehranvar noted that these observations underscore a concerning trend where countries with greater influence in the creation of the ISDS regime are once again re-writing the (asymmetric) rules, paving the way for the re-legitimization of an inherently flawed system. Canada and E.U.