Paradigm Shift In International Economic Law Rule Making

The TPP was negotiated among 12 economically diverse countries, including some most highly developed and rich countries (i.e., the United States, Japan, Australia, Canada, New Zealand, and Singapore), some newly industrialized countries (i.e., Mexico and Malaysia), and some less-developed countries (i.e., Peru, Chile, and Vietnam). A new paradigm created in this context is that countries with vastly different economic developments can actually agree on a set of very high standards to regulate their economic activities, to liberalize their trade, and to protect intellectual property and foreign investment. The contents of the TPP also reflect its status of being a “new paradigm” as the “21st-Century Trade Agreement” and being a pioneer in rule making in many key regulatory areas. These include not only the improved and enhanced rules on traditional issues already covered by the WTO , such as goods, services, and IP rights, but also the carefully designed rules in areas that have never been addressed in the WTO or comprehensively covered in other FTAs , such as state-owned enterprises, electronic commerce, and labor and environmental issues. Although the United States has withdrawn from the TPP, the remaining countries are still putting efforts into establishing a TPP without the United States or a TPP with China. Economically speaking, the current 11 parties account for about 20 % of the global economy. If such agreement is put into force, there will be significant implications for the region, for the multilateral system, and even for other FTAs. The book addresses the potential of the TPP to change the ways trade and investments are conducted and argues for its potential to be the start of an international trade/economic law revolution. The book elaborates the relationship between the TPP and other existing trade agreements such as the WTO and other FTAs and explains how the TPP is to deal with traditional and new issues. Taken together, the authors argue that the implications of the TPP go beyond its current membership. It is hoped that the book will make an important contribution to the field of international economic law.

Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law.

In this book Gordon Friedrichs offers a pioneering insight into the implications of domestic polarization for U.S. foreign policymaking and the exercise of America’s international leadership role. Through a mixed-method design and a rich dataset consisting of polarization data, congressional debates and letters, as well as co-sponsorship coalitions, Friedrichs applies role theory to analyze three polarization effects for U.S. leadership role-taking: a sorting effect, a partisan warfare, and an institutional corrosion effect. These effects are deployed in two comparative case studies: The Iran nuclear crisis as well as the negotiations of the Trans-Pacific Partnership Agreement. Friedrichs effectively exposes the drivers of polarization and how this extreme divergence has translated into partisan warfare as well as institutional corrosion, affecting direction and performance of the U.S. global leadership role. Through advancing role theory beyond other studies and developing the concept of "diagonal contestation" as a mechanism that allows us to locate polarization within a "two-level role game" between agent and structure, U.S. Global Leadership Role and Domestic Polarization is a rich resource for scholars of international relations, foreign policy analysis, American government and polarization.

The New Zealand Yearbook of International Law provides legal materials and critical commentary on issues of international law, addressing trends, state practice and policies in the development of international law in New Zealand, the South Pacific, Antarctica and globally. This Yearbook covers the period 1 January 2018 to 31 December 2018.

Mega free trade agreements (FTAs) are being formed to fill the gap created by new developments in global governance and are reshaping the world economic order. The Trans-Pacific Partnership (TPP) agreement is one of such 21st century FTAs. This book highlights three trade-related issues covered by the TPP that greatly concern emerging countries – investment, intellectual property rights (IPR), and state-owned enterprises (SOEs). It contains rigorous economic, legal, and political analyses on the final text of the agreement, combined with country-specific policy discussions focusing on Indonesia, the Philippines, Thailand, and Viet Nam, giving readers insights on the establishment of global rules and regulations for 21st century trade. The book also outlines the requirements for emerging Asian countries to better formulate trade policies in the new era of international trade and promote regional integration in ASEAN and East Asia.

The Oxford Handbook of International Trade Law offers extensive analysis and critique on the principles of modern international trade law, considering the systems of trade between nations in their economic and institutional contexts.

Charts emerging countries' dissatisfaction with the world order and offers perspectives for a new international economic governance regime.