Two Decades Lost: Reinvigorating the Weak Cousin of WTO Law

Selected Papers from ESIL Proceedings, Vol. 3, 2011

11 Pages Posted: 31 Dec 2010 Last revised: 27 Aug 2012

See all articles by Michael Waibel

Michael Waibel

University of Vienna - Faculty of Law

Date Written: September 3, 2010

Abstract

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.

Keywords: international financial law, underdevelopment, weakness, history, IMF

JEL Classification: F30, F33

Suggested Citation

Waibel, Michael, Two Decades Lost: Reinvigorating the Weak Cousin of WTO Law (September 3, 2010). Selected Papers from ESIL Proceedings, Vol. 3, 2011. Available at SSRN: https://ssrn.com/abstract=1732785 or http://dx.doi.org/10.2139/ssrn.1732785

Michael Waibel (Contact Author)

University of Vienna - Faculty of Law ( email )

Schottenbastei 10-16
Vienna, A-1010
Austria

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