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Advanced Introduction to International Investment Law

August Reinisch

August Reinisch gives a broad overview of the entire field of international investment law that has emerged as an important subfield of international economic law over the last decades. As a result of the boom of investment arbitration since the late 1990s, core questions of the substantive treatment of foreign investors are analysed. Combining an academic and a practical perspective, this book has been written to provide an introduction to investment law for lawyers, political scientists, economists as well as those interested in international relations.
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August Reinisch


This Advanced Introduction to International Investment Law has been written over a number of years, while I was pursuing detailed studies in the field, teaching at the University of Vienna and many other universities around the world, providing expert opinions and serving as arbitrator in investment disputes. I have tried to put this practical and theoretical experience into the writing process and hope to have achieved the aim of authoring a comprehensible and easily accessible introductory piece. Of course, it turned out to be a rather challenging task to distill the main features of investment law from the fast and incoherently growing fruits of scholarship and practice.

This book is intended to serve as an introduction for lawyers, economists, political scientists, policy makers and members of the public at large who want to know in more detail what international investment law (IIL) and arbitration is all about. It does not aim at providing an exhaustive treatment. Rather, it intends to facilitate easy access to the field by putting IIL into its broader historical, political and legal context.

I am particularly indebted to Luke Adams and his team at EE for their enduring support for what turned out to be a rather long journey. I am equally grateful to my assistants, in particular to Céline Braumann, Sara Mansour Fallah, Johannes Tropper and Florentina Simlinger, who were crucial at the finishing stages of this book.

August Reinisch, Vienna 2019

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