Arbitration: A Very Short Introduction

Arbitration: A Very Short Introduction explains what arbitration is, how it works, what parties who have agreed to go to arbitration should expect, the relationship between arbitration and the law, and the politics of arbitration. Arbitration is a legal dispute resolution mechanism, providing binding decisions which are enforceable around the world. It is where parties take their disputes when they have agreed that courts, for one reason or another, do not suit them. Some of the most politically sensitive disputes on the largest scale go to arbitration. But also much smaller, everyday cases are routinely dealt with by arbitration. This VSI considers where the global system of arbitration is headed.