This inter-disciplinary volume focuses on the economic and legal challenges confronting globalisation and the evolution of the global system. The Law and Economics of Globalisation discusses the hotly debated topic of globalisation from a wide set of perspectives of law, economics and international political economy.
The authors shed new light on the legal, economic and institutional issues raised by globalisation, extending into areas previously considered as national issues. They discuss how the development of the norms, institutions and reach of the global system will be influenced by the domestic and international concerns arising from the increasing integration of countries in the new century.
With contributions from lawyers, economists and other experts in the field, this book will be welcomed by academics, students, researchers, and policymakers who are interested in a comprehensive volume on economic globalisation. It will also appeal to a wider audience, such as executive education courses, as well as business and law schools.
Edited by Linda Yueh, Fellow in Economics, St Edmund Hall, University of Oxford and Adjunct Professor of Economics, London Business School, UK
Contents: 1. Introduction Linda Yueh PART I: CHALLENGES OF INTERNATIONAL ECONOMIC LAW: WTO AND GLOBAL TRADE 2. The Legitimacy of WTO Thomas Cottier 3. Constitutionalism and the Regulation of International Markets: How to Define the `Development Objectives' of the World Trading System? Ernst-Ulrich Petersmann 4. Negotiation or Litigation? The Curiously Evolving Governance of the WTO Kamala Dawar and Peter Holmes 5. Global Trade Policy in the New Century Razeen Sally PART II: ISSUES CONFRONTING GOVERNANCE AND ENFORCEMENT 6. The Development of IMF and World Bank Conditionality Axel Dreher 7. How Globalisation Improves Governance Federico Bonaglia, Jorge Braga de Macedo and Maurizio Bussolo 8. Intellectual Property Enforcement in a Global Economy: Lessons from the BRIC Nations Robert C. Bird PART III: EVALUATING GLOBALISATION, THE GLOBAL ECONOMY AND ECONOMIC GROWTH 9. Dark Matter. Does it Matter? Graeme Chamberlin 10. Two Scientists for Every Man, Woman and Dog in America? How Sustainable is Globalisation? Raphael Kaplinsky 11. Globalisation of the World Economy: Potential Benefits and Costs and a Net Assessment Michael D. Intriligator 12. International Economic Law and Economic Growth Linda Yueh Index