Authors

1 Associate Professor, Public and International Law Department, Faculty of Law and Political Sciences, University of Tehran, Tehran, Iran

2 PhD Candidate in International Law, University of Tehran, Tehran, Iran

Abstract

Financial crisis the first signs of which started to spark off in 2005 at the residential property market of the United States and continued to grow at the various parts of the west European Economy in 2008 altered the economic face of the whole world and hasn't been receded until this moment. Despite the fact that states concerted attempts via inter-state cooperation as well as international organizations such as the World Bank, International Monetary Fund (IMF) and performing concrete programs like the latter's "Financial Sector Assessment Program (FSAP)" to hinder the progressive expansion process of the crisis, it spread gradually throughout the global markets and forced governments to devise national economic measures in parallel with the international steps. Carrying out these plans unconcerned about international obligations and need for prompt action against the crisis led to a series of damages incurred by various subjects of the international investment law including international investor individuals and corporations. Current article aims at identifying, tracing back and classifying states anti-crisis measures, to summarily compare international trade law dispute settlement mechanisms with their newish rival in international investment law, to scrutinize the means of taking legal action and compensation for these measures in investment dispute settlement tribunals, to compare them with each other, to extract their basic elements and ultimately analyze correlations thereof.

Keywords

 

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