At the heart of the current system of investment protection is the World Bank, which created the International Center for Settlement of Investment Disputes (ICSID) in 1966 in response to requests for arbitration by the Bank’s president. But, institutionally, the ICSID has developed less successfully than other members of the World Bank Group – particularly the International Finance Corporation – owing to a deeply rooted organizational culture at the Bank that perceives the ICSID as an instrument serving Western companies’ efforts to prevail over developing states.
当前投资保护体系的核心是世界银行。1966年，应行长的仲裁要求，世界银行成立了国际投资纠纷调解中心（Center for Settlement of Investment Disputes，ICSID）。但是，从机构建设上说，ICSID不及其他世行集团成员机构成功，这要归咎于世界银行深层次的组织文化，它将ICSID当作便利西方公司压倒发展中国家的工具。