International commitments may sit uneasily with national pressures in the best of times. This age of economic uncertainty brings these tensions into sharper relief. This volume draws together thirteen analyses of this tension in a wide array of contexts, including each of the three main pillars of the World Trade Organization, international investment law and arbitration, and the international financial institutions. The essays feature internationally recognised experts addressing topical examples of international economic law obligations clashing with domestic political interests. For example, Professor Robert Howse, of New York University Law School, addresses issues of globalization and whether international and national interests can in today's world be considered separate, while Ko-Yung Tung, the former Director-General of the World Bank, looks at trends in investment treaty arbitration and considers what the future may hold in light of the recent financial crisis, the rise of China as an economic powerhouse, and other factors.
'[This] book is a welcome addition to the literature on a very hotly disputed current topic of international economic law. Its unique benefit is the collection of studies from different areas of international economic law.'
Wolfgang Weiß Source: European Yearbook of International Economic Law
'… this collection covers a broad range of issues that demonstrate in detail that it has become impossible to distinguish between drily, technically 'economic' international regulation on the one hand, and politically sensitive domestic issues on the other.'
Source: World Trade Review
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