International Economic Law and Asia

Chapter 10, Simon Chesterman, Hisashi Owada and Ben Saul (eds), Oxford Handbook of International Law in Asia and the Pacific (Oxford University Press, Oxford, 2019 Forthcoming)

NUS Law Working Paper No. 2018/026

26 Pages Posted: 23 Jul 2018 Last revised: 12 Nov 2018

See all articles by Jiangyu Wang

Jiangyu Wang

National University of Singapore (NUS) - Faculty of Law

Date Written: September 2018

Abstract

This chapter considers the state and future of Asian countries’ participation, compliance and contributions with respect to IEL and highlights issues that may prompt future research. These issues are possibly caused by Asia’s historical and contemporaneous position in the international economic system. It begins by examining how the selected Asian countries were integrated into the modern world economic system and subjected to the IEL that sustains it. It then looks at Asia’s participation and compliance records in IEL, followed by an examination of regional international economic organizations and rules in Asia, which has largely been developed through regional economic integration. The chapter then turns to several recent IEL related initiatives in Asia, including the Asian Infrastructure Investment Bank (‘AIIB’), the New Development Bank (‘BRICS Bank’) and China’s Belt and Road Initiative. It concludes by summarizing the theoretical and practical challenges raised by the rise of Asia in the development of IEL.

Keywords: International economic law; law and development; East Asia; China; India; International law; trade; investment; global economic institutions; global economic order

JEL Classification: K33; F02; F53; F55

Suggested Citation

Wang, JiangYu, International Economic Law and Asia (September 2018). Chapter 10, Simon Chesterman, Hisashi Owada and Ben Saul (eds), Oxford Handbook of International Law in Asia and the Pacific (Oxford University Press, Oxford, 2019 Forthcoming); NUS Law Working Paper No. 2018/026. Available at SSRN: https://ssrn.com/abstract=3204016

JiangYu Wang (Contact Author)

National University of Singapore (NUS) - Faculty of Law ( email )

469G Bukit Timah Road
Eu Tong Sen Building
Singapore, 259776
Singapore

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