Legal Problems of Economic Globalisation: A Commentary on the Law and Practice

This book expounds many of the contemporary legal problems that transactional economics brings to the fore and makes inquiries into international economic law resolution thereof as well as the legal avenues for such resolution.

The book essentially deals with globalised economic law in the international sphere while including the knowledge and practices of established business and emerging practices. At the same time, economic globalisation has transformed the means by which sovereignty is exercised and therefore the exercise of regulatory authority. This book describes this evolving movement, in the context of global financial regulation, which features the extraterritorial exercise of domestic regulatory authority coupled with the proliferation of transnational networks of regulators.

• Part I explains the foundations of international economic law.
• Part II reviews the norms of international economic law.
• Part III analyses some of the most business important problems of contemporary international economic law.
• Part IV explores key public policy problems of international economic law.

This book on International Economic Law intends to create an understanding of business and economic relations across national frontiers. This preface expounds the contemporary legal problems that transactional economics brings to the fore and makes inquiries into international economic law resolution thereof as well as the legal avenues for such resolution. It deals with world’s trade practices in the international sphere while including in them the knowledge and practices of established business and emerging practices. Also, economic globalisation has transformed the means by which sovereignty is exercised and therefore the exercise of regulatory authority. This book describes this evolving movement, in the context of global financial regulation, which features the extraterritorial exercise of domestic regulatory authority coupled with the proliferation of transnational networks of regulators.

• Explains the foundations, scope and sources of international economic law
• Elaborates topical business problems of the global economy, such as sovereign debt restructuring, sovereign wealth funds, green energy investments and performance requirements, rules of origin and trademark regulations, internet domain names and related dispute settlement proceedings, antidumping duties, countervailing duties and other “trade remedies”
• Analyses related public policy problems like international economic migrations, health regulations limiting international economic transactions, international economic law rules governing sanitation and water services provided by multinational companies, and governmental protection of “public morality” in international economic law, for instance by restricting imports of certain goods and services that offend prevailing moral views in the importing country
• Explain the latest development on international economic law – written by academics in Africa and Asia – elaborate innovative, new perspectives compared with existing textbooks from American and European authors
• Give a thorough overview of multilevel trade and investment regulation and related adjudication
• Help students and legal practitioners all over the world better understand and respond to the regulatory challenges of the global economy so as to advance more inclusive “public reason” and “democratic capabilities” in multilevel UN, WTO, regional and national governance institutions and judicial “administration of justice” for the benefit of citizens and their human and constitutional rights

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