International Economic Governance and Non-Economic Concerns. New Challenges for the International Legal Order, edited by Griller Stefan (Vienna and New York. Springer) 2003, 516 pp. n.p.]

2003 ◽  
Vol 52 (4) ◽  
pp. 1069-1071
Author(s):  
Stefan Zleptnig
Author(s):  
Adom Getachew

This chapter analyzes the ways that anticolonial nationalists responded to an intensified postcolonial predicament with their most ambitious project of worldmaking—the New International Economic Order (NIEO). The NIEO constituted a welfare world that sought to enhance the bargaining power of postcolonial states, democratize decision-making, and achieve international redistribution. At the center of this welfare world was a radical recasting of sovereign equality as a demand for an equitable share of the world's wealth. The NIEO envisioned this expansive account of sovereign equality as the economic component of international nondomination. The view that sovereign equality had material implications marked anticolonial nationalists' biggest departure from the postwar international legal order and was quickly rejected and displaced in the neoliberal counterrevolution of the 1970s.


2020 ◽  
Vol 9 (2) ◽  
pp. 343-363
Author(s):  
NICO KRISCH ◽  
FRANCESCO CORRADINI ◽  
LUCY LU REIMERS

AbstractLegal multiplicity in the global realm, and the interface conflicts that ensue from it, are widely thought to have a destabilising effect, blocking the path towards a more integrated and perhaps constitutionalised global order. While this diagnosis may appear plausible if interface conflicts are seen as snapshots and rivalrous institutions as the main actors, it is less convincing if we regard these conflicts as part of social processes of contestation that define the relations between different norms over time. It is also less plausible if actors with other orientations – norm irritation or navigation – are taken into view. This article works towards a more encompassing account, both temporally and as regards actor orientations. It uses two case studies of conflicts at the interface between economic governance and human rights to probe the plausibility of its conjectures. Both cases appear as instances of prolonged norm contestation which, despite continued irresolution of the underlying conflicts as a matter of law, have resulted in a significant reorientation and (partial) consolidation around new interpretations. This suggests that interface conflicts, rather than destabilising the rule of law, may also open a pathway for change in the otherwise rigid structure of the international legal order


1988 ◽  
Vol 27 (1) ◽  
pp. 81-83
Author(s):  
Nadeem A. Burney

Its been long recognized that various economies of the world are interlinked through international trade. The experience of the past several years, however, has demonstrated that this economic interdependence is far greater than was previously realized. In this context, the importance of international economic theory as an area distinct from general economics hardly needs any mentioning. What gives international economic theory this distinction is international markets for some goods and effects of national sovereignty on the character of economic activity. Wilfred Ethier's book, which incorporates recent developments in the field, is an excellent addition to textbooks on international economics for one- or twosemester undergraduate courses. The book mostly covers standard topics. A distinguishing feature of this book is its detailed analysis of the flexible exchange rates and a discussion of the various approaches used for their determination. Within each chapter, the author has extensively used facts, figures and major events to clarify the concepts in the light of the theoretical framework. The book also discusses, in a fair amount of detail, the existing international monetary system and the role of various international organizations.


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