Abstract
The article looks behind a hotly debated issue of effectiveness in international arbitration. The need for confidence in the international arbitral process has led the stakeholders of the arbitral process not only to debate this issue in various fora but to dedicate their time to development of comprehensive studies. What recommendations do these studies have to offer? This is what this article is looking at, not merely from a general perspective but by assessing the status of arbitrations and what these studies may offer to a country which was heavily hit by bilateral investment claims – the Czech Republic.
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