Overview

As conflict and cooperation among states turn to an ever greater extent on economic issues, this treatise presents a comprehensive exploration of the legal foundations of the international economy. The subjects covered include: the World Trade Organization and its antecedents; dumping, subsidies, and other devices that alter the market; the International Monetary System, including the collapse of the Bretton Woods system, the debt of the developing countries, and the rise of the Euro; the law of transnational investment, including changing perceptions of the rights of host states and multinational enterprises; economic sanctions, including embargoes and boycotts; and the international aspects of competition law and of the law of the environment. Professor Lowenfeld brings to his task a life-time of practice and teaching experience to produce a book that will be of use to international lawyers and non-specialists alike.

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9780199264117

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There are academic books which become classics in their field shortly after publication. The two books to be reviewed here are such examples. They are already frequently cited and widely held to be authoritative. European Journal of International Law (reviewed together with Matsushita: The World Trade Organization: Law, Practice, and Policy - 0-19-876472-3) ... any sense of disappointment in not having more of Lowenfeld's own thoughts in International Economic Law is more than balanced by the achievements of the rest of this splendid treatise. American Journal of International Law ... as a treatise - as an exhaustive analysis of the lex lata of international economic law - the volume succeeds splendidly. American Journal of International Law ... this is an enormously worthwhile book to read. Even if one does not wholeheartedly subscribe to the conclusions, the book starts one on a journey of consideration of these increasingly important and overlooked issues. All those who have a deep interest in public and private international law should undergo that journey. Pippa Rogerson, The Cambridge Law Journal

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