The European Union and International Investment Law Reform: Between Aspirations and Reality

In  order to understand the reform of international investment law  envisioned by the EU, the author provides a comprehensive but concise  analysis of the EU reform approaches, its constitutional and legal  framework, the concepts of the rule of law and legitimacy, and the  reasons for the reform. In particular, the book exposes tensions between  the EU aspiration to enhance the rule of law in international  investment law, as a means of legitimising this legal discipline, and  the challenges of its reform approaches in practice. The analysis  combines substantive and procedural aspects of the EU reform of  international investment law in the intra-EU context and EU external  relations. This book thus critically evaluates the EU vision of the rule  of law in international law and its contribution to the development of  international law in the field of investment.