By Martin Khor* | IDN-InDepth NewsAnalysis
GENEVA (IDN) – It must be the world’s most problematic and outrageous judicial system. Its decisions can cost a country billions of dollars. It is riddled with conflicts of interest involving the judges, the lawyers and the proponents of the case. Yet its hearings and decisions are shrouded in secrecy and even the very existence of the cases is often not public information.
This is the arbitration system at the heart of international investment agreements.
