A Brief Analysis of International Arbitration as a Form of Alternative Dispute Settlements

Abstract

Over the past decades, the rapid expansion of cross-border commercial transactions has given rise to a concomitant increase in cross-border disputes. As a method of settling commercial disputes, in comparison with litigation, international arbitration has a lot of strengths, which is one reason why it is increasingly popular. Thus this article offers a brief analysis of international arbitration as a form of Alternative Dispute Settlements in order that the concept of international arbitration can be had a clear understanding.