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arbitration

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This paper examines the effectiveness of international arbitration as a means of resolving business disputes arising out of international trade in goods and services and investment. The paper summarizes the historical roots of commercial arbitration, and the fundamental steps taken in the postwar period to establish a solid national and international legal and institutional framework to permit it to operate effectively...
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The paper summarizes the historical roots of commercial arbitration, and the fundamental steps taken in the postwar period to establish a solid national and international legal and institutional framework to permit it to operate effectively. Paper Headings: Introduction Defining Characteristics and Appeal What is Commercial Arbitration? Appeal of Commercial Arbitration in an International Context Pre-1945 Historical Evolution of Arbitration Ancient Origins Arbitration in Medieval Europe Decline of the Effectiveness of Commercial Arbitration Establishing An Effective Legal Framework Hostility of Other Legal Systems to Commercial Arbitration Summary From the Paper: "Thousands of (but certainly not all) maritime and international commodity arbitrations are handled today in many of the world's great ports in a similar matter of fact and informal manner...
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