This timely book examines international trade and investment law at various levels of governance, including unilateral, bilateral, regional, and multilateral arrangements.
Rafael Leal-Arcas demonstrates that the nature of international trade law is fragmented and cyclical. Whilst not always straightforward, the process of making international trade law more multilateral, beginning with the General Agreement on Tariffs and Trade in 1947, has been largely successful. The author shows how this success could be emulated for international investment law, as well as providing a careful analysis of the choice of jurisdiction - regional versus global - for the settlement of disputes.
This insightful book will be an invaluable resource for research institutions, legal practitioners, judges, trade and investment policy-makers, officials at international organizations and national civil servants. Advanced students of international economic law, international investment law, external relations law of the EU, international trade law and WTO law will also find this book important.
Rafael Leal-Arcas, Jean Monnet Chaired Professor of EU International Economic Law, Professor of European and International Economic Law and Director of Research, Queen Mary University of London, UK
Contents: 1. Introduction: International Law is Fragmented and Cyclical Part I: International Trade Law and Policy 2. Unilateralism 3. The Rise and Fall of Multilateralism 4. The Rise of Bilateralism/Regionalism 5. The EU's Relationship with Brazil and India 6. The EU's Relationship with China 7. The EU's Relationship with Russia Part II: International Investment Law and Policy 8. Preliminary Remarks on Foreign Direct Investment 9. History of Foreign Direct Investment Regulation 10. Current Regulatory Regimes 11. Why is there a Need for a Multilateral Investment Treaty? 12. How to Design a Multilateral Framework for Investment Part III: Choice of Jurisdiction for the Settlement of Trade Disputes 13. An Overview of the WTO and the NAFTA 14. Comparison between the WTO and NAFTA Epilogue and Recommendations to Part 3 Bibliography Index