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.

Table of Contents:
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

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

Review :
`Review from previous edition Although the book is an excellent addition to the literature on economic law and is well suited for all students at both the graduate and undergraduate level ... the book would also fit neatly into the cabinet of law makers, policy advisers and other actors in international economic relations. ... It would be a colossal loss if lecturers in international economic law do not make this book compulsory required reading.' P. Sean Morris, Netherlands International Law Review `Herdegen delivers a plethora of arguments assuming the view that a solid framework protecting core values in the field of IEL is already in force but can be built upon for further improvements in the international economic order. The subject of 'good governance' is broadly treated in this book (p. 158ss.). The norms and institutions of IEL are examined as to their capacity to promote human rights and the rule of law.' Peter Hilpold, University of Innsbruck, Journal of International Economic Law