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Conciliation as a mechanism for the resolution of international economic and business disputes

  • Author(s) / Creator(s)
  • Introduction: The hallmark of dispute' settlement in the international system is its consensual nature. Disorder in relations between entities which have formal status on this level, primarily the nation-state and certain international organizations, cannot be remedied unless all the parties involved consent both to the implementation of the process of dispute resolution and the specific mechanism to be engaged. This remains true whether the particular method selected is adjudicative or diplomatic in nature. This configuration of the international order is the product of its decentralized format where all states are, in principle, juridically equal and where there is no superior governmental entity with the authority to prescribe, adjudicate, and enforce the law.

  • Date created
    1990
  • Subjects / Keywords
  • Type of Item
    Article (Published)
  • DOI
    https://doi.org/10.7939/R3XD0RC1W
  • License
    © 1990 Linda C. Reif et al. This version of this article is open access and can be downloaded and shared. The original author(s) and source must be cited.
  • Language
  • Citation for previous publication
    • Reif, L.C. (1990). Conciliation as a mechanism for the resolution of international economic and business disputes. Fordham International Law Journal, 14(3), 578-638. Retrieved from http://heinonline.org/HOL/Page?handle=hein.journals/frdint14&div=34&g_sent=1&collection=journals
  • Link to related item
    http://heinonline.org/HOL/Page?handle=hein.journals/frdint14&div=34&g_sent=1&collection=journals