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The Euro as a Stabilizer in the International Economic System
The introduction of the euro was an important event for the world economy and the international political system. For the first time in history, a substantial group of European countries-eleven of the fifteen members of the European Union including three members of the G-7-have voluntarily agreed to replace their national currencies with a single currency. The euro area has already become established as the second largest currency area in the world and will therefore become a major player in the international monetary system. The creation of the euro poses a number of interesting questions. Will the euro be a strong or a weak currency? Will the euro challenge the leading position hitherto he...
An Institutional And Normative Analysis of the World Trade Organization
This book establishes a framework for analysis of the institutional and normative character of the WTO by locating the organization in a broader theory of international institutional law and in determining the basis for the conferral and exercise of powers in relation to its executive, legislative and adjudicative functions. The WTO is also read as an international regime in order to go beyond its formal legal and constitutional bases and to observe the Members' practice in the context of the former semi-institutionalised GATT treaty regime with which it retains strong links. WTO decision-making, which underpins and informs its institutional and normative acts, is analysed in order to better understand the dynamics of the organization. Normative developments in the WTO are reviewed from the perspective of the creation, maintenance and revision of legally binding and non-binding or 'soft' law norms, in the sense of principles, rules and standards contained in primary treaty rules, which set out the rights and obligations of the Members, and subsidiary rule-making activity by WTO bodies.
Unsettled Legitimacy
Globalization has challenged taken-for-granted relationships of rule in local, regional, national, and international settings. This unsettling of legitimacy raises questions. Under what conditions do individuals and communities accept globalized decision making as legitimate? And what political practices do individuals and collectivities under globalization use to exercise autonomy? To answer these questions, the contributors to Unsettled Legitimacy explore the disruptions and reconfigurations of political authority that accompany globalization. Arguing that we live in an era in which political legitimacy at multiple scales of authority is under strain, they show that globalization has also created demands for regulation, security, and the protection of rights and expressions of individual and collective autonomy within and across multiple political and geographic spaces. Instead of offering simplistic arguments for or against global governance, enhanced democracy, or economic integration, the contributors provide a sophisticated examination of the complexities of legitimacy and autonomy in a globalizing world.
The Social Foundations of World Trade
Sungjoon Cho critiques the conventional contract model of the WTO and proposes an alternative notion of 'community'.
The Evolution of the Trade Regime
The Evolution of the Trade Regime offers a comprehensive political-economic history of the development of the world's multilateral trade institutions, the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). While other books confine themselves to describing contemporary GATT/WTO legal rules or analyzing their economic logic, this is the first to explain the logic and development behind these rules. The book begins by examining the institutions' rules, principles, practices, and norms from their genesis in the early postwar period to the present. It evaluates the extent to which changes in these institutional attributes have helped maintain or ...
Public Participation and Legitimacy in the WTO
Yves Bonzon describes the limits and potential of further formalizing public participation in WTO decision-making.
Promoting Peace Through International Law
This book considers the liberal conception of peace within Western philosophy and the principle of 'peaceful coexistence' supported in the East. It investigates there is a 'right to peace' by tracing the evolution of the international law of peace through its historical and philosophical origins.
Symbolic Power in the World Trade Organization
Questions of power are central to understanding global trade politics and no account of the World Trade Organization (WTO) can afford to avoid at least an acknowledgment of the concept. A closer examination of power can help us to explain why the structures and rules of international commerce take their existing forms, how the actions of countries are either enabled or disabled, and what distributional outcomes are achieved. However, within conventional accounts, there has been a tendency to either view power according to a single reading - namely the direct, coercive sense - or to overlook the concept entirely, focusing instead on liberal cooperation and legalization. In this book, Matthew ...
Tamed Power
Revolutionary changes in global and European politics have reawakened old fears that Europe will be dominated by an unpredictable German giant. The same changes have fueled new hopes for Germany and Europe as models of political pluralism in a peaceful and prosperous world. In fact, Peter J. Katzenstein explains, the current reality is too complex to fit either expectation. Katzenstein contends that a multilateral institutionalization of power is the most distinctive aspect of the relationship between Europe and Germany. Only the observer who is aware of this important fact can understand why Germany is willing to give up its new sovereign power. Although Germany is larger than any other member of the European Union and plays a crucial role in the economic and political life of Eastern Europe, its power is now funneled through the institutions of the European Union rather than erupting in a narrow, power-defined sense of national self-interest. The empirical chapters of this book explore the institutionalization of power relations between the European Union and Germany, as well as the relations of Germany and the European Union with most of the smaller European states.
Zugang zu Medikamenten
Im Zentrum der Studie steht die Untersuchung der EU als Akteur bei multilateralen Verhandlungen am Beispiel des Zugangs zu Medikamenten. Dabei operationalisiert die Autorin den Begriff „Akteursqualität“ umfassend und analysiert ihn erstmalig anhand eines Themas komplexer Interdependenz. Der über vier multilaterale Foren angelegte Vergleich der Access to Medicines-Verhandlungen kommt zu dem Ergebnis, dass die EU dann am erfolgreichsten agiert, wenn die Kommission die Verhandlungskompetenz inne hat, die EU-Mitgliedstaaten sich intern einig sind, verhandlungsrelevante Zwänge fehlen und die EU Vollmitglied im Verhandlungsforum ist.
