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Redefining Sovereignty in International Economic Law

By Wenhua Shan, Penelope Simons and Dalvinder Singh

The concept of state sovereignty is increasingly challenged by a proliferation of international economic instruments and major international economic institutions. States from both the south and north are re-examining and debating the extent to which they should cede control over their economic and social policies to achieve global economic efficiency in an interdependent world.

A clear manifestation of this is the collapse of Cancun Ministerial Conference of World Trade Organisation (WTO) and the ongoing Doha Round negotiation. International lawyers are seriously rethinking the subject of state sovereignty, in relation to the operation of the main international economic institutions, namely the WTO, the World Bank and the International Monetary Fund (IMF). The contributions in this volume, bringing together leading scholars from the developed and developing worlds, take up the challenge of debating the meaning of sovereignty and the impact of international economic law on state sovereignty.

The first part looks at the issues from the perspectives of general international law, international economic law and legal theory. Part two discusses the impact of trade liberalisation on the sovereignty of both industrialised and developing states and Part three concentrates on the challenge to state sovereignty created by the proliferation of investment treaties and the significant recent growth of investment treaty based arbitration cases. Part four focuses on the domestic and international effects of international financial intermediaries and markets. Part five explores the tensions and intersections between the international regulation of trade and investment, international human rights and state sovereignty.

Wenhua Shan is a Reader in International Economic Law at Oxford Brookes University. Penelope Simons is a Senior Lecturer in Law at Oxford Brookes University. Dalvinder Singh is a Senior Lecturer in Law at Oxford Brookes University.

Published Year: 2008
Format: Hard Back
ISBN: 9781841137018
Publisher: Hart Publishing, Oxford
No of Pages: 516

Our Price: £ 60.00

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