The Athens Public International Law Center (Athens PIL) of the National and Kapodistrian University of Athens School of Law is hosting the ‘International Investment Law & State Capitalism’ Colloquium, which will take place on 15 and 16 October 2020 in Athens, Greece. The colloquium is jointly organized by Athens PIL; the Tilburg Law and Economics Center (TILEC) at Tilburg University, the Netherlands; and Hamad Bin Khalifa University (HBKU) College of Law, Qatar.
The colloquium conveners are Panos Delimatsis (Tilburg Law School), Georgios Dimitropoulos (HBKU College of Law), and Anastasios Gourgourinis (National and Kapodistrian University of Athens, School of Law; Athens PIL).
International investment law developed in the second half of the 20th century as colonial law was being replaced by the domestic laws of the newly emerging independent states. The law was part of the new liberal world order that was in the process of being developed in the post-World War II era. This liberal world order assumed that capital would flow from private investors of the North and West into the developing countries of the South and East; it also assumed that the economies of the South and East would transition towards the market economy system and privatize government-owned assets and enterprises to private investors of the North and West.
Liberal capitalism has since given way to a new model of capitalism in international economy: state capitalism. State capitalism is reshaping the foundations of international economic law and the protection of sovereign investments under International Investment Agreements (IIAs), and potentially poses challenges to the system of investor-state dispute settlement (ISDS).
In this context, it can be argued that state to-state dispute settlement (SSDS) is more suitable than the ISDS system for the protection of sovereign investments. At the same time, soft law instruments of the International Forum of Sovereign Wealth Funds (IFSWF) and the Organization for Economic Co-operation and Development (OECD) offer few practical solutions.
The organizers of the colloquium invite scholars working in the relevant fields to submit abstracts of a conceptual, theoretical, and empirical nature on the following, broadly defined areas:
The Foundations of International Economic Order in the Age of State Capitalism
Sovereign Investors in the Age of State Capitalism
Inward and Outward Sovereign Investments in the Age of State Capitalism
Arbitrating Sovereign Investment Disputes in the Age of State Capitalism: Procedural Issues
Arbitrating Sovereign Investment Disputes in the Age of State Capitalism: Merits Issues
Senior and junior academics and practitioners with a legal, economic or other social science background (including PhD candidates and post-doctoral researchers) are invited to participate to the call for papers of the Colloquium on ‘International Investment Law & State Capitalism’.
Authors are invited to submit abstracts of original papers, which are neither published nor accepted for publication when the Colloquium takes place, by March 15, 2020. Papers will be selected based on submitted abstracts, subject to double-blind peer review. Only one abstract per author will be considered. Abstracts must not exceed 800 words, must be anonymous and not identify the name or affiliation of the author(s) in the abstract, the title, or the name of the document, and must be submitted to the following email addresses: ; ; and .
In addition to the abstract, each submission should contain, as a separate file, a short (one-page) author’s CV, including the author’s name and affiliation, contact details, and a list of relevant publications.
Authors of selected abstracts for the colloquium will be notified by April 15, 2020. Following this, they must submit a draft paper (6,000-8,000 words) words by August 15, 2020. The draft papers will be distributed to the other participants in advance to facilitate an in-depth discussion during the colloquium.
After the colloquium, the submission of final papers (up to 12,000 words) will be due by November 15, 2020. Final papers will be considered for publication, subject to further peer review, either as an edited volume with a reputable publisher or as a special edition of a law journal.
The colloquium will be held at the premises of the National and Kapodistrian University of Athens. Attendance at the colloquium will be open to the public, but a limited number of places are available. Speakers will be expected to bear the costs of their own travel and accommodation.