Full Description
Since the 2008 economic meltdown, market-driven globalization has posed new challenges for governments. This collection introduces the innovative concept of "grey zones" of global governance, where international rules are bent or ignored. These zones are significant, contested spaces for state policy and market behaviour to interact with respect to trade, the environment, food security, and investment.
Powerful incentives exist in the global economy for states to harmonize their policies through trade and investment agreements. But grey zones both promote uniformity in many areas of public life and facilitate diverse forms of capitalism in market societies. They enable governments to balance national and global economic benefits as they advance their core interests.
At a time of growing nationalist sentiment, Grey Zones in International Economic Law and Global Governance explores creative local engagement with international economic law and offers a bold new way to understand public concerns about international trade and investment, food security, green energy, subsidies, and anti-dumping actions.
Contents
Foreword / Pitman B. Potter
Introduction: Grey Zones of International Economic Law and Global Governance / Daniel Drache and Lesley A. Jacobs
Part 1: Hot Button Issues in Global Governance
1 A Crafty Madness Kept Aloof: Anti-Dumping as Faulted Global Governance / Tomer Broude
2 The Anti-Dumping Wars: An Analysis of Unfair Trading Suits, 1995-2011 / Daniel Drache and Yin Jiyuan
3 Investor-State Dispute Settlement Mechanisms in International Economic Law / Lesley A. Jacobs
4 The WTO and the Future of Subsidies and Food Security / Carlos M. Correa
Part 2: Global Trade and Local Adaptation
5 Is Anti-Dumping a Smart Policy for Global South Countries? / Welber Barral
6 Grey Zones in the European Union: Between Flexibility and Uniformity of the State Aid Rules / Ljiljana Biukovic
Part 3: Labour and Food Rights in the Global Policy Arena
7 A New Grey Zone in Global Trade Governance? Recent Developments on Food Security at the WTO / Matias E. Margulis
8 Labour Relations and Trade Policy in China: Opportunities for Coordinated Compliance / Pitman B. Potter
9 What Constitutes Legitimate Policy Space for Food Security? / Katie Sykes
Part 4: The Greening of International Economic Law
10 Renewable Energy and WTO Law: More Policy Space or Enhanced International Disciplines? / Thomas Cottier
11 Green Energy Programs and the WTO Subsidies Agreement: Is There Enough Policy Space? / Debra P. Steger
Conclusion: Living in a Dangerous Age: Trade Policy Options for Canada / Daniel Drache and Lesley A. Jacobs
Index
