Conclusion: Good Faith and International Economic Law

What is it about?

The principle of good faith may play a role in various settings within the fields of international trade law and international investment law. But this principle is difficult to define and open to application in a number of different ways. This book adopts a balanced approach, with some chapters emphasizing the utility of good faith as a principle in international trade and investment law, and others cautioning against its overuse. By examining the use of good faith in investment and trade tribunal decisions and identifying areas of inconsistency, this book makes an important contribution to coherence and rigour in this field. The interplay between the principle of good faith and obligations of international investment and trade law also demonstrates the importance of the language of these provisions, providing guidance to countries in treaty negotiation. This chapter draws together the themes of the book and offers suggestions for research and reform.

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