Making International Economic Law Work: Integrating Disciplines and Broadening Policy Choices
11 Pages Posted: 20 Aug 2017 Last revised: 11 Oct 2017
Date Written: 2017
The biennial conference of the International Economic Law Interest Group of the American Society of International Law was held in September 2017 at Georgetown University Law Center. It aimed to transcend the traditional trade, investment, finance, tax and private ordering silos of international economic law.
From a research agenda perspective, the presentations fostered a reflection on what international economic law as a discipline might look like when research focuses on the reality of blurred boundaries between the traditional fields of trade, investment, tax, finance and monetary law. Specific themes included:
- Cross-fertilization opportunities between trade, monetary and finance law: How does monetary law impact trade and finance, and vice-versa?
- Soft law in international economic law: Are there lessons to be drawn from financial regulation for trade and investment?
- How does regionalism shape and challenge international economic law?
- Dispute resolution in the face of trade and investment treaty convergence: What are the opportunities and challenges raised by recent innovations? Is a unified system possible or desirable?
- International economic law and systemic risk.
- Public-private partnerships in international economic law.
From a policy perspective, a number of papers explored the implications of legal imports from one field into another, how legal and policy options might be expanded in the face of converging trade, investment and financial law, as well as through emerging private and public-private sorts of ordering. Because blurred boundaries have created challenges as well as opportunities, participants discussed chasms and tensions that need to be addressed.
Keywords: International Economic Law, ASIL
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