This book presents comprehensive information on a range of issues in connection with the Fair
and Equitable Treatment (FET) standard with a particular focus on arbitral awards against host
developing countries thereby contributing to the available literature in this area of
international investment law. It examines in detail the interpretation of the FET standard of
key arbitral awards affecting host developing countries demonstrating the full range of
interpretation approaches adopted by the current investment tribunals. At the same time the
book offers valuable practical guidance for counsels scholars representing host developing
countries in investment arbitration where balancing the competing interests of the foreign
investors and the host developing countries in investment disputes poses a complex challenge.
The book puts forward the pressing need for a re-conceptualized interpretation of the FET
standard in tune with the developmental issues and challenges faced by host developing
countries recognizing these countries' particular perspectives as an important and relevant
aspect of investment disputes (often ignored by the current investment tribunals) while
continuing to ensure reasonable protections for foreign investors and therefore serving the
needs of the system as whole. The findings presented here will greatly benefit host developing
countries engaged in investment arbitration. In addition the book offers an insightful guide
for all researchers whose work involves investment law and investment arbitration issues.
