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2 Peking U. Transnat'l L. Rev. 519 (2014)
Improving the International Law and Policy Regime: Options for the Future, by Karl P. Sauvant & Federico Ortino

handle is hein.journals/pekuntlar2 and id is 533 raw text is: BOOK REVIEW Improving the International Law and Policy Regime: Options for the Future, by Karl P. Sauvant & Federico Ortino Reviewed by Mark Feldman In 2013, the Ministry for Foreign Affairs of Finland organized a Helsinki Investment Seminar, held within the framework of the Helsinki Process on Globalization and Democracy, the global governance initiative launched in 2002. In support of the Helsinki Investment Seminar, Dr. Karl P. Sauvant, Resident Senior Fellow at the Columbia Center on Sustainable Internation- al Investment, and Dr. Federico Ortino, Reader in International Economic Law at King's College London, prepared an independ- ent study on the international investment regime. The Ministry for Foreign Affairs subsequently has made that study available as a booklet.1 As stated by the authors, the purpose of the study was to outline the key features of the international investment regime, identify drivers of change, discuss critical issues, and describe some proposals for reform of the regime.2 With respect to the existing international investment regime, the authors conclude that action is needed, although they do not take a position on whether such action should involve minor adjustments, more substantial recalibration or a paradigm shift.3 Specifically, the authors maintain that the international investment regime must be improved to take into account the profound changes in the * Mark Feldman is Associate Professor of Law at the Peking University School of Transnational Law. He previously served as Chief of NAFTA/CAFI'A- DR Arbitration in the Office of the Legal Adviser at the U.S. Department of State. The views expressed in this review do not necessarily reflect those of the U.S. Department of State or U.S. Government. 1 See KARL P. SAUVANT & FEDERICO ORTINO, IMPROVING THE INTERNATIONAL INVESTMENT LAW AND POLICY REGIME: OPTIONS FOR THE FUTURE (2013), available at http://ccsi.columbia.edu/files/2014/o3/Improving-The-International-Invest ment-Law-and-Policy-Regime-Options-for-the-Future-Sept-2013.pdf (last visit- ed Dec. 28, 2014). 2 Id. at 7. 3 id. at 16.

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