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Arbitration of International Business Disputes - Studies in Law and Practice, 2nd Edition by Park, William W. (20th September 2012)

Part IV Selected Issues for Further Study, D Investment Arbitration, 3 Legal Issues in the Third World’S Economic Development

From: Arbitration of International Business Disputes: Studies in Law and Practice (2nd Edition)

William W. Park

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 19 November 2019

In 1974 a heterogeneous group of countries, commonly referred to as the developing nations, incorporated their proposals for a “New International Economic Order” 1 into a United Nations General Assembly Resolution entitled The Charter of Economic Rights and Duties of States (the Charter). 2 The developing nations hoped to give legal form 3 to the economic aspirations that they had articulated during the previous decade through the United Nations Conference on Trade and Development (UNCTAD). 4 Many of these aspirations related to a redistribution of global...
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