Includes bibliographical references and index.

Introduction / Christian Tomuschat, Riccardo Pisillo Mazzeschi and Daniel Thürer -- Expectations attached to conciliation reconsidered / Jean-Pierre Cot -- Conciliation within the framework of dispute settlement procedures : an East European perspective / Lauri Malksoo -- Diplomatic and jurisdictional aspects in conciliation procedures : conciliation between dispute settlement and conflict prevention / Giuseppe Palmisano -- Peaceful settlement of international disputes : about the essence and role of conciliation / Daniel Th�urer -- Prevention and resolution of conflicts in the OSCE and the role of the court of conciliation and arbitration / Riccardo Pisillo Mazzeschi -- Conciliation within the framework of the OSCE court of conciliation and arbitration : an assessment from the viewpoint of legal policy / Christian Tomuschat -- UNESCO mediation and conciliation procedure for promoting the return and restitution of cultural property / Edouard Planche -- Elements of conciliation in dispute settlement procedures relating to international economic law / August Reinisch -- The project for an international environmental court / Stuart Bruce -- Conciliation under the UN Convention on the Law of the Sea / Rudiger Wolfrum -- The Jan Mayen case (Iceland/Norway) : an example of successful conciliation / Ulf Linderfalk.

This volume collects the materials underlying the International Colloquium "Conciliation in the Globalized World of Today", held on 11 and 12 June 2015 in Vienna under the auspices of the Court of Conciliation and Arbitration within the OSCE. The aim of the Colloquium was to examine the merits and possible shortcomings of this method of conflict resolution, and it concluded that the pros heavily outweigh the cons. This volume therefore draws the attention of everyone dealing with conflict management to those advantages. It does not end by providing a summary of conclusions to be drawn from the examination of the rules governing the OSCE Court and the practice of the other institutions considered. The reader will have to find out her/himself what experiences have been made in other fields where conciliation has been institutionalized as a dispute-settlement procedure. In this regard, the present book constitutes a treasury of lessons that cannot easily be brought down to a common denominator.