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- Comprehensive analysis of the legal foundations of the international economy
- Coverage includes the WTO and GATT, international investment sanctions, developing country debt and competition and intellectual property laws
- This fully updated new edition also includes discussion of the rapidly growing areas of Interstate, Investor-State, and International Commercial Arbitration
- A comprehensive overview of this complex area available in paperback for students from the outset
New to this edition:
- New chapter examining the increasingly important areas of Interstate, Investor-State, and International Commercial Arbitration
- Expanded coverage of Trade-Related Aspects of Intellectual Property
As conflict and cooperation among states turn to an ever greater extent on economic issues, this fully updated and expanded second edition presents a comprehensive exploration of the legal foundations of the international economy. It not only examines the current status of the law, but also explores the origins, political tensions and development of outcomes that are often difficult to comprehend.
Lowenfeld examines the major elements of economic law in the international arena including the World Trade Organization and its antecedents; dumping, subsidies, and other devices that alter the market; the International Monetary System, including the collapse of the Bretton Woods system; the debt of developing countries; the law of foreign direct investment, including changing perceptions of the rights of host states and multinational enterprises; and economic sanctions. The book also contains chapters on competition law, environmental law, and new chapters on intellectual property and the various forms of arbitration; demonstrating how these subjects fit into the framework of international economic law.