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Since the 2008 economic meltdown, market-driven globalization has posed new challenges for governments. This collection introduces the innovative concept of “grey zones” of global governance, where international rules are bent or ignored. These zones are significant, contested spaces for state policy and market behaviour to interact with respect to trade, the environment, food security, and investment. Powerful incentives exist in the global economy for states to harmonize their policies through trade and investment agreements. But grey zones both promote uniformity in many areas of public life and facilitate diverse forms of capitalism in market societies. They enable governments to balance national and global economic benefits as they advance their core interests. At a time of growing nationalist sentiment, Grey Zones in International Economic Law and Global Governance explores creative local engagement with international economic law and offers a bold new way to understand public concerns about international trade and investment, food security, green energy, subsidies, and anti-dumping actions.
Critics of the World Trade Organization argue that its binding dispute settlement process imposes a neoliberal agenda on member states. If this is the case, why would any nation agree to participate? Jacqueline Krikorian explores this question by examining the impact of the WTO’s dispute settlement mechanism on domestic policies in the United States and Canada. She demonstrates that the WTO’s ability to influence domestic arrangements has been constrained by three factors: judicial deference, institutional arrangements, and strategic decision making by political elites in Ottawa and Washington. By bringing the insights of law and politics scholarship to bear on a subject matter traditionally addressed by international relations scholars, Krikorian shows that the classic division in political science between these two fields of study, though suitable in the postwar era, is outdated in the context of a globalized world.
With isolationism and protectionism strengthening in response to the forces of globalization, the interrelationship of the national and supranational in shaping good governance norms has become increasingly relevant. Good Governance in Economic Development critically examines the transparency and accountability mechanisms underpinning international trade, finance, and investment regimes, particularly in view of the intensifying influence of China. It also explores the Chinese state’s engagement with these norms, shedding light not only on how the principles of transparency, accountability, and public participation are applied within China, but also on the ability of China to affect international rules.
In Cultural Heritage in International Economic Law, Valentina Vadi offers an account of how international economic law contributes to global cultural governance, analysing the promises and pitfalls of such contributions.
Global Health Security in China, Japan, and India assesses evolving global health security in three major Asian countries that adhere to the standards and targets in accordance with United Nations Sustainable Development Goals (SDGs). The COVID-19 pandemic has put a newfound emphasis on the importance of global health security: the idea that countries must cooperate to address international public health threats while meeting varied domestic health care needs. Balancing cost, affordability, stakeholder demands, political ideology, and global economic pressures, all three countries have made significant advances in health law and policy over the past decade.
Transnational Food Security addresses food security from an international relations, political economy and legal perspective analysing the relationship between food security and the environment and climate change, trade, finance and contracts, and the intersection between food and human rights. The topic of food concerns one of the most basic and profound aspects of human survival. Universal and equal access to food is, at the same time, ridden with problems of power, inequality, distribution and implicated in old and new geopolitical conflicts. As such, ‘food’ and food security are central to conditions of poverty and hunger, development and ‘modernisation’, transitional justice and rule of law reform around the world. As a problem of critique and scholarly inquiry, food prompts an inter-disciplinary assessment of the nature of food security in the modern world. The contributors to this book take us deep into the complexity of food and illustrate the challenges of adequately understanding and approaching questions of food security and food sovereignty in a globally interconnected world. Transnational Food Security will be of great interest to scholars of international relations, political economy, and transnational law. The chapters were originally published as a special issue of Transnational Legal Theory Journal.
This is the first book to examine global political economy from a psychoanalytic perspective. It claims that the libidinal—the site of unconscious desire—plays not a supplementary or trivial, but a constitutive role in global political economy. Consumption, for example, is not simply a way of satisfying a material or biological need but a doomed attempt at soothing our deeply held sense of loss; and capital is not just a means to material growth and prosperity but is invested with "drive" that seduces, beguiles, and manipulates in the service of unending accumulation. Thus, in contrast to political economy, which assumes a rational subject, libidinal economy is founded on the notion of a desiring subject, who obeys a logic not of good sense or self-interest but profligacy and irrationality. By applying a psychoanalytic lens, Global Libidinal Economy thereby seeks to uncover the unconscious excesses and antagonisms emergent in such key political economy categories as "production," "trade," and "ecology," while also bringing out significant contemporary themes relating to "gender" and "race."
Globalization, Poverty, and Income Inequality examines the relationship between globalization and trade liberalization, and poverty and income inequality, using Indonesia as a case study. Contributors examine how advances in coffee certification, treatments for visual disabilities, and property rights, among other factors, have had both meritorious and deleterious effects on the local population. Ultimately, they describe an ambiguous relationship between trade liberalization and inequality, both of which can increase or decrease in proportion to one another depending on region and sector. This empirically driven work provides a nuanced view of the trade-poverty relationship, contributing balanced testimony to policy debates being held internationally.
One Belt, One Road is China's bold plan to remake the global economy. It's an ambitious strategy with a $2 trillion – and rising – budget. The objective? To challenge the existing economic and political world order. One Road, Many Dreams reveals the true extent of China's ambition, analyses the impact of the One Belt, One Road initiative and assesses its chances of success and failure. This is the Asian century and China has a plan – to remake the world economy. Under its audacious One Belt, One Road strategy, China is investing trillions of dollars in hundreds of projects all around the globe. It's buying up ports, building transport networks and constructing major infrastructure. From hydroelectric plants to oil pipelines, China supplies the labour if needed, the raw materials and the finance, creating customers and boosting its own economy in the process. More than 80 nations have already joined China's increasingly less exclusive club and by 2049, when One Belt, One Road is set to end, its number of members is likely to rival the UN. So far, China has exercised its soft power of debt diplomacy and financial might shrewdly, serving the planet's overlooked middle-income and poor countries. The rest of the world needs to wake up because the scale of One Belt, One Road is unprecedented. Its implications for the global structure of power are potentially seismic as the geopolitical ties between Europe and Asia deepen. Written by three highly regarded political economists, One Road, Many Dreams examines the One Belt, One Road initiative from all angles. It looks at the projects and the players, the alliances and the governance. It explores the opportunities for China and the threat to the West, particularly for Trump's isolationist US administration. At home and abroad, China is staking its credibility as a superpower on One Belt, One Road. Its resources appear limitless, but One Road, Many Dreams asks a tough question: has China overreached? Or can it really pull this off and remake the world economy in its own interests?
Unfulfilled legal needs are at a tipping point in much of the Canadian justice system. The Justice Crisis assesses what is and isn’t working in efforts to strengthen a fundamental right of democratic citizenship: access to civil and family justice. Contributors to this wide-ranging overview of recent empirical research address key issues: the extent and cost of unmet legal needs; the role of public funding; connections between legal and social exclusion among vulnerable populations; the value of new legal pathways; the provision of justice services beyond the courts and lawyers; and the need for a culture change within the justice system.