Trade and Investment Facilitation by Arbitration and the Rule of Law
Prof. Michael Ewing-Chow talked about the effects of a change in production and trade pattern from single producer to global value chain (GVC). He also touched on the factors affecting the attractiveness of a country to foreign investors by pointing out the relationship between a country’s FDI inward stock and its GVC participation, between logistics performance and corruption score, and between rule of law index and gross domestic product per capita. He then enumerated the benefits of international arbitration to multinational corporations and host states.