Principles of International Economic Law

Principles of International Economic Law provides a comprehensive overview of the central topics in international economic law, with an emphasis on the interplay between the different economic and political interests on both the international and domestic levels. Following recent tendencies, the book sets the classic topics of international economic law, like WTO law, investment protection, commercial law and monetary law in context with aspects of human rights, environmental protection and the legitimate claims of developing countries. The book draws a concise picture of the architecture of international economic law with all its complexities, without getting lost in fragmented details. Providing a perfect introductory text to the field of international economic law, the book thoroughly analyses legal developments within their wider political, economic, or social context.

Topics covered range from codes of conduct for multinational enterprises, to the human rights implications of the exploitation of natural resources. The book demonstrates the economic foundations and economic implications of legal frameworks. It puts into profile the often complex relationship between, on the one hand, international standards on liberalization and economic rationality and, on the other, state sovereignty and national preferences. It describes the new forms of economic cooperation which have developed in recent decades, such as the growing number of transnational companies in the private sector, and forms of cooperation between states such as the G8 or G20.

This fully updated second edition covers new aspects and developments including the growing importance of corporate social responsibility, mega-regional-agreements like CETA, TTIP, and TPP, trade and investment related aspects of human rights law.

Matthias Herdegen, Chair for Public, European and International Law, Director of the Institute for Public International Law, University of Bonn,

Professor Herdegen has since 1995 held the chair for Public, European and International Law, Rheinische Friedrich-Wilhelms Universitat Bonn, he is also Director of the Institute for Public International Law and Institute for Public Law.

Part I Contents, History, and Structure of International Economic Law
1. The Law of International Economic Relations: Contents and Structure
2. Past and Present of the International Economic Order
3. The Actors of International Economic Law
4. The Legal Sources of International Economic Law
Part II International Economic Law as an Order of Rules and Principles
5. Basic Principles of the International Economic Order
6. Sovereignty and International Economic Relations
7. Human Rights and International Economic Relations
8. Environmental Protection and Sustainable Development
9. Good Governance-The Internal Structure of States and Global Economic Integration
10. Dispute Settlement
Part III World Trade Law and Regional Trade Agreements
11. History and Development of World Trade Law
12. The World Trade Organization
13. The Multilateral and the Plurilateral Agreements on Trade
14. The GATT
15. The Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
16. The Agreement on Technical Barriers to Trade
17. The General Agreement on Trade in Services (GATS)
18. The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS)
19. Subsidies and Anti-dumping Measures
20. Dispute Settlement in the WTO
21. WTO Law in Broader Perspective: The Interplay with Other Regimes of International Law
22. WTO Law in Domestic Law
23. The Regional Integration of Markets
Part IV International Business Law
24. International Sales and Contract Law
25. Letters of Credit
26. International Building and Construction Contracts
27. International Company, Competition, and Tax Law
28. International Accounting Standards
29. International Competition Law
30. International Tax Law
Part V The International Law of Foreign Investment
31. Foreign Investment in Practice
32. Customary International Law
33. Concessions and Investment: Agreements between States and Foreign Companies
34. Treaties on Investment Protection
35. The International Centre for Settlement of Investment Disputes
36. Multilateral Investment Guarantee Agency
37. The Interplay of Investment Protection and Other Areas of International Law
Part VI International Monetary Law and the International Financial Architecture
38. International Monetary Law and International Economic Relations
39. The International Monetary Fund: Objectives, Organization, and Functions
40. The World Bank and Other International Financial Institutions
41. Debt Crises and State Insolvency
42. International Regulation of the Banking Sector