Two Decades Lost: Reinvigorating the Weak Cousin of WTO Law
University of Cambridge - Faculty of Law; Lauterpacht Centre for International Law; University of Cambridge - Jesus College
September 3, 2010
Selected Papers from ESIL Proceedings, Vol. 3, 2011
This chapter argues that current international financial law is largely toothless and dangerously underdeveloped. The sea change in international finance since 1990 seems to have bypassed the public international law of finance and international financial lawyers. Despite dazzling growth in global capital markets, international financial law has barely changed over the last decades. Because of close interrelation between the international trade and monetary sphere, international financial law is the weak cousin of WTO law.
Number of Pages in PDF File: 11
Keywords: international financial law, underdevelopment, weakness, history, IMF
JEL Classification: F30, F33working papers series
Date posted: December 31, 2010 ; Last revised: August 27, 2012
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