♤ The International Centre for Settlement of Investment Disputes (ICSID)

o The ICSID provides international facilities for conciliation and arbitration of investment disputes.

1.16. Washington Consensus

♤ This is a set of neoliberal economic prescriptions made by the International Monetary Fund, the World Bank, and the U.S. Treasury to developing countries that faced economic crises.

♤ It recommended structural reforms that increased the role of market forces in exchange for immediate financial help.