The particular topic of State contracts impinges upon some of the gravest questions of International law.
This part of International law, like so many other branches of the law, is in great need of elaboration. This can best be accomplished by its application to concrete cases by arbitral Tribunals. There is a wealth of material from which the law could by this means be developed.
JENNINGS, State Contracts in International Law
Iurgium [previously Spain Arbitration Review]