Political and economic uncertainty in Indonesia has led to a large drop in foreign investment. However, for investors already committed to the country and for those assessing new opportunities, the prospects for effective dispute resolution will be a matter of immediate interest.
Private dispute resolution – arbitration – is often thought attractive in an environment where the public alternatives – Courts – are unpredictable and may lack requisite technical expertise. However, the efficiency and reliability of the arbitration process is governed to some degree by the extent of support and recognition that it receives in the laws of the place where the arbitration is proceeding, or where an award is to be enforced.
