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PRINCIPLES OF INTERNATIONAL ECONOMIC LAW



The notion ‘International Economic Law’ encompasses a complex architecture of rules governing international economic relations and transboundary economic conduct by States, international organizations, and private actors. The term essen- tially refers to the regulation of cross-border transactions in goods, services, and capital, monetary relations and the international protection of intellectual property. To some extent, it also addresses the movement of companies and natural persons as well as aspects of international competition.
Although there is consensus on the core subjects, the content of ‘international economic law’ remains controversial and leaves room for subjectively coloured choices.1 A narrow concept of ‘international economic law’ only refers to the segment of public international law directly governing economic relations between States or international organizations, focusing on world trade law, international investment law, and international monetary law.2 A broader understanding also reflects the role of private actors or hybrid entities administering public goods of major relevance to the international community, like ICANN (Internet Corpor- ation for Assigned Names and Numbers) and more adequately pays tribute to the interplay between international and domestic law in a transboundary economic context. This understanding of international economic law includes the norms of public international law addressing cross-border activities of private undertakings by international agreements as well as issues of jurisdiction of States and the hotly debated ‘extraterritorial’ legislation.

MATTHIAS HERDEGEN - Personal Name
1st Edtion
978–0–19–957987–7
NONE
PRINCIPLES OF INTERNATIONAL ECONOMIC LAW
Management
English
Oxford University Press Inc
2013
United Kingdom
1-534
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