Columbia International Affairs Online: Policy Briefs

CIAO DATE: 04/2014

The "spaghetti bowl" of IIAs: The end of history?

Joachim Karl

February 2014

Columbia Center on Sustainable Investment


The universe of international investment agreements continues to grow, albeit at a slow pace and with a focus on regional agreements. This may further reduce the prospects for multilateral investment rulemaking and perpetuate the existing structure of the IIA regime.