Ronnie Barnes discusses expropriation risk in quantum assessments in international arbitration in this chapter published in The Investment Treaty Arbitration Review.
The treatment of expropriation risk in quantum assessments in international arbitration is an issue that has recently received a lot of attention. In this chapter, author Ronnie Barnes provides an overview of the challenges faced by a quantum expert when addressing expropriation risk and how a pragmatic approach may be needed.
The chapter, “Country Risk Premium,” also explains the importance of distinguishing between country risk and expropriation risk, ensuring that attempts to incorporate expropriation risk into a quantum assessment do not inadvertently lead to the double counting of other components of country risk.
This chapter was originally published by The Investment Treaty Arbitration Review, Edition 6 in June 2021.
The views expressed herein do not necessarily represent the views of Cornerstone Research.