Nowadays, international commercial arbitration is
widely considered as an effective alternative of state
court jurisdiction, it has become an essential feature
of today’s globalized economy. The more popular
and widespread international commercial arbitration
gets, the more urgently the question rises: what kind
of relationship is there between arbitration and the
activity of state courts? Has arbitration been acknowledged
as a totally separate institution with is own methods
and devices or is it subsidiary to state courts in the
meaning of the word that the latter might have some
effect on it?
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