Building an International Arbitration Infrastructure in Asia: Diversified Approaches in a Competitive Environment
Article from: OGEL 4 (2005), in Special Feature: Asian Energy Law and Policy
Introduction
Asia used to be a white spot on the international arbitration map. However, things have changed dramatically over the last few decades. Taniguchi even speaks of an "arbitration craze" in Asia.[1] The paper discusses the general trend in Asia of building a legal and organizational infrastructure for international arbitration (this April, the Philippines followed suit and enacted a new arbitration law) and explores the reasons for abandoning inherited (colonial) arbitration laws in favor of modern, and in many cases, internationally harmonized ones.[2] The paper will ...