The International Chamber of Commerce, Multilateralism and the Invention of International Commercial Arbitration
International commercial arbitration, Treaty of Versailles, multilateralism
The Paris Peace Conference, Paris & Versailles, 5-8 June 2019 - International commercial arbitration is one of the most successful – yet indirect and largely ignored – heirs to the Treaty of Versailles. It was born in Paris in 1923, in the unique political, economic and institutional context that followed the end of World War I and the creation of the League of Nations. But whereas the League soon disappointed its sponsors and the International Labor Organization (ILO), for instance, maintains only modest activity, arbitration has grown into one of the major institutions of the global economy...