构建国际投资仲裁上诉机制是为了解决投资者—东道国投资仲裁机制存在的正当性危机,即国际投资争议仲裁裁决之间缺乏一致性和仲裁裁决准确性不高。国际投资仲裁与国际商事仲裁的区别决定了其可以突破仲裁的一裁终局原则,具有构建上诉机制的理论可行性;随着国际投资仲裁机制正当性危机的加剧,东道国、投资者和投资者母国会转变当前对国际投资仲裁上诉机制的消极态度,从而使得上诉机制具有现实可行性。%The reason for constructing an appel ate mechanism of interna-tional investment arbitration is to resolve the legitimacy crisis embedded in current investor state investment arbitration mechanism, i.e.the inconsistency and inac-curacy of arbitral awards.The differences between international investment arbi-tration and international commercial arbitration determine that the former can break through the single ruling principle, and therefore forms the theoretical feasi-bility of constructing an appel ate mechanism.With the legitimacy crisis of interna-tional investment arbitration mechanism aggravating, host countries, investors as wel as their home countries wil probably change their current passive attitude to-wards appel ate mechanism of international investment arbitration, and thus forms the realistic feasibility of appel ate mechanism.
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