{"id":10542,"date":"2024-12-25T21:46:17","date_gmt":"2024-12-25T21:46:17","guid":{"rendered":"https:\/\/pravnizapisi.rs\/?page_id=10542"},"modified":"2024-12-25T21:46:18","modified_gmt":"2024-12-25T21:46:18","slug":"10542-2","status":"publish","type":"page","link":"https:\/\/www.pravnizapisi.rs\/en\/pravni-zapisi-2-2024\/10542-2\/","title":{"rendered":""},"content":{"rendered":"

PRAVNI ZAPISI \u2022 Year XV \u2022 No. 2 \u2022 pp. 524\u2013556<\/p>\n

THE GEM HIDDEN BEHIND PREDICTABILITY: DISCUSSING EFFICIENCY IN AND OF INVESTMENT ARBITRATION<\/b><\/h3>\n
\"\"<\/a>
Language:
English<\/em><\/figcaption><\/figure>\n

Nata\u0161a Rajkovi\u0107
\n<\/b><\/b>Doctoral Candidate, Universitat Pompeu Fabra Faculty of Law, Barcelona
\n<\/b>e-mail: <\/b>natasa.rajkovic@upf.edu<\/b><\/span><\/a>
\n<\/b><\/span>ORCID ID: 0000-0002-0450-2038<\/b><\/p>\n

Pravni zapisi, No. 2\/2024, pp. 524-556
\nOriginal Scientific Article
\nDOI<\/b>: 10.5937\/pravzap15-53313<\/p>\n

KEY WORDS
\n<\/strong><\/span><\/p>\n

Investment Arbitration, Efficiency, Predictability, Intra-EU Jurisdictional Objections, Spanish Saga Cases, ICSID, UNCITRAL, Precedent.<\/p>\n

ABSTRACT
\n<\/strong><\/span><\/p>\n

The paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the cost and duration of investment arbitration. Second, it will look at the provisions of the 2022 ICSID Arbitration and Mediation Rules, as well as UNCITRAL Working Group III Draft Provisions, aimed at increasing efficiency in investment arbitration. Third, it will present efficiency in and of investment arbitration, on the one hand, and predictability, on the other, as intertwined issues. Fourth, it will use the intra-EU jurisdictional objections ratione personae<\/i> and voluntatis<\/i> as examples of how the unpredictability of arbitral outcomes reduces the efficiency in and of investment arbitration. Fifth, it will present some of the solutions that could improve efficiency in and of investment arbitration.<\/p>\n","protected":false},"excerpt":{"rendered":"

PRAVNI ZAPISI \u2022 Year XV \u2022 No. 2 \u2022 pp. 524\u2013556 THE GEM HIDDEN BEHIND PREDICTABILITY: DISCUSSING EFFICIENCY IN AND OF INVESTMENT ARBITRATION Nata\u0161a Rajkovi\u0107 Doctoral Candidate, Universitat Pompeu Fabra Faculty of Law, Barcelona e-mail: natasa.rajkovic@upf.edu ORCID ID: 0000-0002-0450-2038 Pravni zapisi, No. 2\/2024, pp. 524-556 Original Scientific Article DOI: 10.5937\/pravzap15-53313 KEY WORDS Investment Arbitration, Efficiency, Predictability, Intra-EU Jurisdictional Objections, Spanish Saga Cases, ICSID, UNCITRAL, Precedent. ABSTRACT The paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":10476,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-article.php","meta":{"footnotes":""},"class_list":["post-10542","page","type-page","status-publish","hentry"],"yoast_head":"\n- Pravni Zapisi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"- Pravni Zapisi\" \/>\n<meta property=\"og:description\" content=\"PRAVNI ZAPISI \u2022 Year XV \u2022 No. 2 \u2022 pp. 524\u2013556 THE GEM HIDDEN BEHIND PREDICTABILITY: DISCUSSING EFFICIENCY IN AND OF INVESTMENT ARBITRATION Nata\u0161a Rajkovi\u0107 Doctoral Candidate, Universitat Pompeu Fabra Faculty of Law, Barcelona e-mail: natasa.rajkovic@upf.edu ORCID ID: 0000-0002-0450-2038 Pravni zapisi, No. 2\/2024, pp. 524-556 Original Scientific Article DOI: 10.5937\/pravzap15-53313 KEY WORDS Investment Arbitration, Efficiency, Predictability, Intra-EU Jurisdictional Objections, Spanish Saga Cases, ICSID, UNCITRAL, Precedent. ABSTRACT The paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Pravni Zapisi\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-25T21:46:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2020\/07\/pzapisi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"150\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/\",\"url\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/\",\"name\":\"- Pravni Zapisi\",\"isPartOf\":{\"@id\":\"https:\/\/pravnizapisi.rs\/#website\"},\"datePublished\":\"2024-12-25T21:46:17+00:00\",\"dateModified\":\"2024-12-25T21:46:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u041f\u043e\u0447\u0435\u0442\u043d\u0430\",\"item\":\"https:\/\/www.pravnizapisi.rs\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pravni zapisi 2\/2024\",\"item\":\"https:\/\/www.pravnizapisi.rs\/en\/pravni-zapisi-2-2024\/\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pravnizapisi.rs\/#website\",\"url\":\"https:\/\/pravnizapisi.rs\/\",\"name\":\"Pravni Zapisi\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/pravnizapisi.rs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pravnizapisi.rs\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/pravnizapisi.rs\/#organization\",\"name\":\"Pravni Zapisi\",\"url\":\"https:\/\/pravnizapisi.rs\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pravnizapisi.rs\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2019\/11\/cropped-Header-logo-srb-1-1.jpg\",\"contentUrl\":\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2019\/11\/cropped-Header-logo-srb-1-1.jpg\",\"width\":580,\"height\":80,\"caption\":\"Pravni Zapisi\"},\"image\":{\"@id\":\"https:\/\/pravnizapisi.rs\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"- Pravni Zapisi","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/","og_locale":"en_US","og_type":"article","og_title":"- Pravni Zapisi","og_description":"PRAVNI ZAPISI \u2022 Year XV \u2022 No. 2 \u2022 pp. 524\u2013556 THE GEM HIDDEN BEHIND PREDICTABILITY: DISCUSSING EFFICIENCY IN AND OF INVESTMENT ARBITRATION Nata\u0161a Rajkovi\u0107 Doctoral Candidate, Universitat Pompeu Fabra Faculty of Law, Barcelona e-mail: natasa.rajkovic@upf.edu ORCID ID: 0000-0002-0450-2038 Pravni zapisi, No. 2\/2024, pp. 524-556 Original Scientific Article DOI: 10.5937\/pravzap15-53313 KEY WORDS Investment Arbitration, Efficiency, Predictability, Intra-EU Jurisdictional Objections, Spanish Saga Cases, ICSID, UNCITRAL, Precedent. ABSTRACT The paper discusses the status quo regarding efficiency in investment arbitration and suggests how predictability of the arbitral outcome can improve both efficiency in and of investment arbitration. First, the paper will address the […]","og_url":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/","og_site_name":"Pravni Zapisi","article_modified_time":"2024-12-25T21:46:18+00:00","og_image":[{"width":150,"height":225,"url":"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2020\/07\/pzapisi.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/","url":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/","name":"- Pravni Zapisi","isPartOf":{"@id":"https:\/\/pravnizapisi.rs\/#website"},"datePublished":"2024-12-25T21:46:17+00:00","dateModified":"2024-12-25T21:46:18+00:00","breadcrumb":{"@id":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-2-2024\/10541-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u041f\u043e\u0447\u0435\u0442\u043d\u0430","item":"https:\/\/www.pravnizapisi.rs\/en\/"},{"@type":"ListItem","position":2,"name":"Pravni zapisi 2\/2024","item":"https:\/\/www.pravnizapisi.rs\/en\/pravni-zapisi-2-2024\/"}]},{"@type":"WebSite","@id":"https:\/\/pravnizapisi.rs\/#website","url":"https:\/\/pravnizapisi.rs\/","name":"Pravni Zapisi","description":"","publisher":{"@id":"https:\/\/pravnizapisi.rs\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pravnizapisi.rs\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/pravnizapisi.rs\/#organization","name":"Pravni Zapisi","url":"https:\/\/pravnizapisi.rs\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pravnizapisi.rs\/#\/schema\/logo\/image\/","url":"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2019\/11\/cropped-Header-logo-srb-1-1.jpg","contentUrl":"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2019\/11\/cropped-Header-logo-srb-1-1.jpg","width":580,"height":80,"caption":"Pravni Zapisi"},"image":{"@id":"https:\/\/pravnizapisi.rs\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/pages\/10542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/comments?post=10542"}],"version-history":[{"count":0,"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/pages\/10542\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/pages\/10476"}],"wp:attachment":[{"href":"https:\/\/www.pravnizapisi.rs\/en\/wp-json\/wp\/v2\/media?parent=10542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}