1. Introduction and overview Roberto Echandi and Pierre Sauvé; Part I. Current Paradigms in the Economics and Political Economy of International Investment Activity: 2. Understanding the latest challenges on international investment James Zhan; 3. Foreign direct investment and development: novel challenges Theodore H. Moran; 4. Actors in the international investment scenario: objectives, performance and advantages of affiliates of state-owned enterprises and sovereign wealth funds Sébastien Miroudot and Alexandros Ragoussis; 5. Investment treaties and globalisation of state capitalism: opportunities and constraints for host states Lauge N. Skovgaard Poulsen; 6. Reflections on the current paradigms of international investment activity Gary Clyde Hufbauer; 7. A southern perspective on the existing investment landscape Stephen Gelb; Part II. The Interaction between International Trade and Investment Regulation: 8. On the laws of attraction: examining the relationship between foreign investment and international trade Mary E. Footer; 9. Investment and trade: the 'Lottie and Lisa' of international economic law? Tomer Broude; 10. International trade and investment: towards a common regime? Debra P. Steger; 11. Perspectives on the interaction between international trade and investment regulation Christian Tietje; Part III. The Challenge of Fostering Greater Coherence in International Investment Law: 12. Practical and legal avenues to make substantive rules and disciplines of IIAs converge Andrea K. Bjorklund; 13. The procedural dimension: how to foster greater consistency in panel interpretation of substantive investment rules and disciplines Yas Banifatemi; 14. Coherence, convergence and consistency in international investment law Michael Ewing-Chow; 15. The challenge of fostering greater coherence in international investment law: an introduction August Reinisch; Part IV. The Policy and Rule-Making Challenges Arising from the Growth in Investment Litigation: 16. ICSID at a crossroads: some thoughts and recommendations for improving the dispute settlement system Margrete Stevens; 17. Rules for investor–state mediation: draft prepared by the International Bar Association State Mediation Committee Barton Legum, Anna Joubin-Bret and Inna Manassyan; 18. A novel approach towards addressing investor–state conflicts: development of investor–state dispute prevention mechanisms Roberto Echandi; 19. The growth in investment litigation: perspectives and challenges Laurence Boisson De Chazournes; 20. Different approaches to address challenges arising from increased investor–state litigation Andrea K. Bjorklund; Part V. The Quest for an Adequate Balance between Investment Protection and Liberalisation and Other Public Policy Objectives: 21. Sustainable development and international investment law: a harmonious view from economics Anne Van Aaken and Tobias Lehmann; 22. GATT Article XX and international investment law Barton Legum and Ioana Petculescu; 23. The inclusion of GATT Article XX exceptions in IIAs – a potentially risky policy Céline Lévesque; 24. Managing expectations: beyond formal adjudication Susan Franck; Part VI. From an Uneven International Investment Regime towards a Coherent International Investment System: The Way Forward: 25. Coherence and consistency in international investment law Christoph Schreuer; 26. Perspectives for investment arbitration: consistency as a policy goal? Rudolf Dolzer; 27. Towards a coherent international investment system: key issues in the reform of international investment law Peter Muchlinski; 28. The way forward for the international investment regime Marino Baldi; 29. The way forward for the international investment regime: lessons from the past – perspectives for the future Rainer Geiger.