TY - JOUR
AU - Blackaby, Nigel
AB - by NIGE L BLACKABY* I . INTRODUCTIO N AS A rapidly developing economy of 170 million consumers with ever increasing demands for new infrastructure and a long tradition of partnership with overseas industrial partners, Brazil cannot be ignored by foreign investors. Nevertheless, as in any developing economy, those investors look for basic standards of protection: they need a clear 'exit' route if the investment turns sour. They need to know that the resolution of any disputes arising out of their investment can be conducted in front of an arbitral tribunal resulting in an enforceable award whether such arbitration is conducted in Brazil or elsewhere. Concerns have been voiced that this basic protection for foreign investments is sometimes lacking in Brazil, which has long been regarded as the 'black sheep' of Latin America in its approach to arbitration. Does Brazil merit this reputation and what has it done to seek to assuage the concerns which have been voiced? Th e origin of Brazil's reputation is its failure to ratify the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 ('the New York Convention'), causing it to stand out in splendid isolation as the only non- 
TI - Arbitration and Brazil: A Foreign Perspective
JO - Arbitration International
DO - 10.1023/A:1011255830775
DA - 2001-06-01
UR - https://www.deepdyve.com/lp/oxford-university-press/arbitration-and-brazil-a-foreign-perspective-aDy0sCH80u
SP - 129
EP - 142
VL - 17
IS - 2
DP - DeepDyve
ER -