As conflict and cooperation among states turn to an ever greater extent oneconomic issues, this fully updated and expanded second edition presents acomprehensiv... » 

As conflict and cooperation among states turn to an ever greater extent oneconomic issues, this fully updated and expanded second edition presents acomprehensive exploration of the legal foundations of the international economy.It not only examines the current status of the law, but also explores theorigins, political tensions and development of outcomes that are often difficultto comprehend.Lowenfeld examines the major elements of economic law in the international arenaincluding 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 developingcountries; the law of foreign direct investment, including changing perceptionsof the rights of host states and multinational enterprises; and economicsanctions. The book also contains chapters on competition law, environmentallaw, and new chapters on intellectual property and the various forms ofarbitration; demonstrating how these subjects fit into the framework ofinternational economic law.Professor Lowenfeld brings to his task a lifetime of practice and teachingexperience to produce a book that will be of use to international lawyers andnon-specialists alike. «