Includes bibliographical references and index.

"The vitality, or alternatively, vitiation, of the international arbitral process is a pressing subject today. The explosion of interstate, investor-State, and international commercial arbitration attest to the huge expansion of the field in recent years. This second edition combines the historical analysis of the first edition in 1987 with a survey of contemporary developments on each of the three salient problems identified: (i) the severability of the arbitration agreement; (ii) denial of justice (and now other possible breaches of international law) by governmental negation of arbitration; and (iii) the authority of truncated international arbitral tribunals. The international arbitral process continues to be fortified against unilateral attempts to derail it, and this book will be an invaluable guide for today's practitioners and scholars alike