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Reconceptualising the Rule of Law in Global Governance, Resources, Investment and Trade.

By: Contributor(s): Material type: TextTextPublisher: London : Bloomsbury Publishing Plc, 2016Copyright date: ©2016Edition: 1st edDescription: 1 online resource (518 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781509901784
Subject(s): Genre/Form: Additional physical formats: Print version:: Reconceptualising the Rule of Law in Global Governance, Resources, Investment and TradeDDC classification:
  • 340.11
LOC classification:
  • KZ1240 -- .I584 2016eb
Online resources:
Contents:
Cover -- Half-title -- Title -- Copyright -- Preface -- Contents -- Introduction -- Part I: Contemporary Challenges of Global Governance in the Spotlight -- Section 1: Actors and Processes Revisited -- 1 The Transparency of Global Governance -- I. PROBLÉMATIQUE AND CONCEPTS -- II. THE NORMATIVE QUALITY OF TRANSPARENCY -- III. THE VALUE AND FUNCTIONS OF TRANSPARENCY -- IV. DRAWBACKS OF TRANSPARENCY -- V. POLICY RECOMMENDATIONS -- VI. CONCLUSIONS -- 2 Between Flexibility and Stability: Ad Hoc Procedures and/or Judicial Institutions? -- I. INTRODUCTION -- II. FLEXIBILITY V STABILITY: THE ABILITY TO CHOOSE THE ARBITRAL TRIBUNAL -- III. FLEXIBILITY ON RULES OF PROCEDURES -- A. Length of Proceedings -- B. Terms of Reference of the Tribunal -- C. Number and Types of Parties -- IV. CHOOSING BETWEEN CONFIDENTIALITY AND PUBLICITY -- V. FLEXIBILITY ON APPLICABLE LAW -- VI. FLEXIBILITY V. STABILITY: THE BINDING NATURE OF THE AWARD, ENFORCEABILITY AND POST-JUDGMENT REMEDIES -- VII. CONCLUSION -- 3 Domestic Courts as Compliance Enforcers -- I. INTRODUCTION -- II. ENFORCEMENT OF INVESTMENT ARBITRAL AWARDS BY DOMESTIC COURTS -- A. ICSID Arbitral Awards -- B. Other Investment Arbitral Awards -- III. SOVEREIGN IMMUNITY FROM EXECUTION AS APPLIED BY DOMESTIC COURTS -- A. Expansive Interpretation of Sovereign Property -- B. Restrictive Interpretation of a Waiver of Sovereign Immunity -- IV. CONCLUDING REMARKS -- 4 Towards Reinforcing or Contesting the Vision of the Rule of Law? -- I. INTRODUCTION -- II. CHARACTERISTICS OF THE RULE OF LAW -- III. THE ISSUES -- A. Rule of Law as a Concept of the West -- B. Role of the Political System -- IV. PROSPECTS FOR GOVERNANCE -- A. Structural Aspects -- B. Elements of a Governance Approach -- V. CONCLUSION -- 5 Formation of International Custom and the Role of Non-State Actors.
I. THE IMPORTANCE OF STATE PRACTICE IN THE FORMATION OF INTERNATIONAL CUSTOMARY LAW -- A. Formation and Evidence of International Customary Law -- B. The 'Modern' Approach Weakness: The Evaluation of Negative or Controversial Practice -- C. A 'Gordian' Solution: Resorting to General Principles of International Law Rather Than to International Customary Rules -- II. BEYOND STATE PRACTICE: IS IT TIME TO TAKE INTO CONSIDERATION WHAT NON-STATE ACTORS DO? -- A. Non-state Actors' Participation in the Formation of International Custom: Behind the Scenes of State Practice -- B. Towards a Limited Acceptance of the Role of Non-state Actors in the Formation of International Custom -- III. CONCLUDING REMARKS -- Section 2: Factors and Structures Reconsidered -- 6 Disaster Relief in International Law -- I. DISASTER RELIEF AND INTERNATIONAL ORGANIZATION -- II. THE ACTORS AND THE LAW OF DISASTER RELIEF -- III. SOVEREIGNTY V COOPERATION IN DISASTER RELIEF -- IV. WHAT IS THE ROLE OF 'RESPONSIBILITY TO PROTECT'? -- V. THE EMERGING RIGHT TO HUMANITARIAN ASSISTANCE -- VI. THE FUTURE OF DISASTER RESPONSE -- 7 After 60 Years: The International Legal Regime Protecting Stateless Persons-Stocktaking and New Tendencies -- I. SETTING THE SCENE -- II. INTRODUCTION INTO THE WORLD OF 'LEGAL GHOSTS' -- III. RESPONSES OF THE INTERNATIONAL COMMUNITY TO TACKLE STATELESSNESS -- IV. SCOPE AND CONTENT OF THE 1954 NEW YORK CONVENTION: AN OVERVIEW -- V. SUBSEQUENT DEVELOPMENTS OF THE PROTECTION REGIME UNDER INTERNATIONAL LAW -- A. Horizontal Issues -- B. Specific Domains -- VI. DE LEGE FERENDA PROPOSALS: NEW TENDENCIES -- VII. CONCLUSIONS -- 8 Responsibility to Protect (R2P) and Minorities -- I. INTRODUCTION -- II. THE EVOLUTION OF R2P -- A. The Concept of Humanitarian Intervention -- B. From Humanitarian Intervention to R2P.
C. The UN Secretary General's Contribution towards the Development of R2P -- D. Behaviour of States towards R2P after the WSOD -- E. Responsibility while Protecting (RWP) -- III. R2P AND MINORITIES -- A. Why Minorities? -- B. WSOD Crimes vis-à-vis Minorities -- IV. FUTURE OF R2P -- 9 Governance of Financial Crises: A Role for the International Protection of Economic and Social Rights? -- I. INTRODUCTORY REMARKS -- II. COOPERATION AND COHERENCE AMONG INSTITUTIONS DEALING WITH HUMAN RIGHTS AND WITH FINANCIAL ISSUES IN CRISIS MANAGEMENT -- III. CRISIS GOVERNANCE THROUGH SOCIAL DIALOGUE AND CIVIL SOCIETY PARTICIPATION -- IV. CONCLUDING OBSERVATIONS -- 10 Recent Regulatory Initiatives in the Ratings Industry: CRA III and the ESMA Proposals on Structured Finance, the Performance of Agencies and their Fee Arrangements -- I. INTRODUCTION -- II. THE IDENTITY OF THE RATINGS MARKET -- A. A Highly Concentrated Market -- B. Over-reliance on Ratings -- C. The Systemic Impact of Sovereign and Structured Finance Ratings -- D. Conflicts of Interest and Survival of the 'Issuer Pays' Remuneration Model -- III. THE RECENT REGULATORY NOVELTIES AND PROPOSALS -- A. Invigorating Competition among the Rating Agencies -- B. Paving the Way for Reducing Over-reliance on Ratings -- C. Tackling the Systemic Importance of Sovereign Ratings and of Structured Finance Ratings -- D. Expanding the Regulation of the Agencies' Conflicts of Interest -- IV. CONCLUSION -- 11 The Odious Debt Doctrine: The Past and the Challenges of the Present -- I. INTRODUCTION -- II. CATEGORIES OF ODIOUS DEBTS -- III. RECENT CASES FOR APPLYING THE ODIOUS DEBT DOCTRINE -- IV. REASONS OF THE ODIOUS DEBT DOCTRINE'S IMPRACTICALITY -- A. Lack of the People's Consent -- B. Lack of Benefit to the People -- C. Creditor's Awareness -- V. CONCLUSIONS.
Part II: International Legal Facets of the Modern Race towards Resources -- Section 1: Protecting the Past -- 12 'Return of Cultural Treasures to their Countries of Origin': Principle or Trend in Cultural Property Law? -- I. INTRODUCTION -- II. GROUNDS FOR RETURN -- A. Law and International Customary Rules -- B. Ethics -- C. Practice and Public Feeling -- III. TIME LIMITATIONS -- IV. CONCLUSIONS -- 13 The Cultural Heritage of Mankind beyond UNESCO: The Case of International Financial Institutions -- I. INTRODUCTION -- II. UNESCO AND THE CULTURAL HERITAGE OF MANKIND -- A. The Normative Framework -- B. Protecting the Cultural Heritage of Universal Value in Practice -- III. MEETING THE FINANCIAL CHALLENGES OF WORLD CULTURAL HERITAGE -- A. Preserving World Cultural Heritage: Think Globally, Pay Locally -- B. International Financial Institutions and the Cultural Heritage of Mankind -- IV. CLOSING REMARKS -- Section 2: Sharing the Present and Safeguarding the Future -- 14 Something Fishy about Fisheries: High Seas Fisheries and the Common Resource Conundrum -- I. INTRODUCTION -- II. CLEARLY DEFINED BOUNDARIES -- III. CONGRUENCE BETWEEN RULES AND LOCAL CONDITIONS -- IV. COLLECTIVE-CHOICE ARRANGEMENTS -- V. MONITORING -- VI. GRADUATED SANCTIONS -- VII. CONFLICT-RESOLUTION MECHANISMS -- VIII. MINIMAL RECOGNITION OF RIGHTS TO ORGANIZE -- IX. NESTED ENTERPRISES -- X. CONCLUSION -- 15 Biodiversity, Marine Protected Areas and Areas beyond National Jurisdiction -- I. INTRODUCTION -- II. MARINE PROTECTED AREAS UNDER THE LAW OF THE SEA CONVENTION -- A. In the Exclusive Economic Zone -- B. In the Area -- C. Protection of Straddling Stocks and Highly Migratory Species -- III. MARINE PROTECTED AREAS UNDER THE AUSPICES OF THE IMO -- A. MARPOL Special Areas -- B. Particularly Sensitive Sea Areas -- IV. REGIONAL SEAS -- A. UNEP-Mediterranean Action Plan -- B. OSPAR.
V. THE WAY FORWARD -- VI. CONCLUSION -- 16 Turkish Objections to Exclusive Economic Zone Agreements Concluded by Cyprus -- I. INTRODUCTION -- II. MARITIME DELIMITATION AGREEMENTS CONCLUDED BY CYPRUS -- III. THE TURKISH OBJECTIONS -- IV. LEGAL ANALYSIS OF THE TURKISH OBJECTIONS -- A. The Exclusive Economic Zone Concept -- B. The Problem of Third Parties -- C. The Cyprus Question and the Representation of its Inhabitants -- V. CONCLUSION -- 17 Towards the Acceptance of the Equidistance Rule in the Delimitation of the Continental Shelf and the Exclusive Economic Zone: The Role of International Jurisprudence -- I. INTRODUCTION -- II. INITIAL APPROACH: EMPHASIS ON FLEXIBILITY -- A. The 1958 Geneva Convention on the Continental Shelf and the North Sea Continental Shelf Case -- B. The 1982 Law of the Sea Convention -- III. THE GRADUAL ACCEPTANCE OF THE PRIORITY OF THE EQUIDISTANCE METHOD -- IV. EMPHASIS ON LEGAL CERTAINTY: TOWARDS THE ACCEPTANCE OF EQUIDISTANCE AS A RULE OF INTERNATIONAL LAW -- V. CONCLUSION -- 18 Collective Responsibility for Water in Central Asia -- I. INTRODUCTION -- II. LEGAL AND INSTITUTIONAL FRAMEWORK -- III. THE RULE OF EQUITABLE AND REASONABLE UTILIZATION -- IV. THE ROLE OF VITAL HUMAN NEEDS AND ENVIRONMENTAL PROTECTION -- V. REQUIREMENT OF COOPERATION -- VI. CONFLICTING WATER NEEDS -- VII. CONCLUSION -- 19 International Law, Governance and Trade of Water Services -- I. INTRODUCTION -- II. A WATER CRISIS -- III. INTERNATIONAL TRADE AND LIBERALIZATION OF WATER SERVICES-A SOLUTION TO THE WATER CRISIS? -- IV. INTERNATIONAL TRADE LAW AND WATER GOVERNANCE: TOWARDS SUSTAINABLE DEVELOPMENT AND PROTECTION OF HUMAN RIGHTS -- V. CONCLUSION -- Part III: Towards a New Order for International Investment and Trade -- Section 1: International Arbitration at a Crossroads -- 20 The Rule of Law in International Investment Arbitration.
I. INTRODUCTION.
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Cover -- Half-title -- Title -- Copyright -- Preface -- Contents -- Introduction -- Part I: Contemporary Challenges of Global Governance in the Spotlight -- Section 1: Actors and Processes Revisited -- 1 The Transparency of Global Governance -- I. PROBLÉMATIQUE AND CONCEPTS -- II. THE NORMATIVE QUALITY OF TRANSPARENCY -- III. THE VALUE AND FUNCTIONS OF TRANSPARENCY -- IV. DRAWBACKS OF TRANSPARENCY -- V. POLICY RECOMMENDATIONS -- VI. CONCLUSIONS -- 2 Between Flexibility and Stability: Ad Hoc Procedures and/or Judicial Institutions? -- I. INTRODUCTION -- II. FLEXIBILITY V STABILITY: THE ABILITY TO CHOOSE THE ARBITRAL TRIBUNAL -- III. FLEXIBILITY ON RULES OF PROCEDURES -- A. Length of Proceedings -- B. Terms of Reference of the Tribunal -- C. Number and Types of Parties -- IV. CHOOSING BETWEEN CONFIDENTIALITY AND PUBLICITY -- V. FLEXIBILITY ON APPLICABLE LAW -- VI. FLEXIBILITY V. STABILITY: THE BINDING NATURE OF THE AWARD, ENFORCEABILITY AND POST-JUDGMENT REMEDIES -- VII. CONCLUSION -- 3 Domestic Courts as Compliance Enforcers -- I. INTRODUCTION -- II. ENFORCEMENT OF INVESTMENT ARBITRAL AWARDS BY DOMESTIC COURTS -- A. ICSID Arbitral Awards -- B. Other Investment Arbitral Awards -- III. SOVEREIGN IMMUNITY FROM EXECUTION AS APPLIED BY DOMESTIC COURTS -- A. Expansive Interpretation of Sovereign Property -- B. Restrictive Interpretation of a Waiver of Sovereign Immunity -- IV. CONCLUDING REMARKS -- 4 Towards Reinforcing or Contesting the Vision of the Rule of Law? -- I. INTRODUCTION -- II. CHARACTERISTICS OF THE RULE OF LAW -- III. THE ISSUES -- A. Rule of Law as a Concept of the West -- B. Role of the Political System -- IV. PROSPECTS FOR GOVERNANCE -- A. Structural Aspects -- B. Elements of a Governance Approach -- V. CONCLUSION -- 5 Formation of International Custom and the Role of Non-State Actors.

I. THE IMPORTANCE OF STATE PRACTICE IN THE FORMATION OF INTERNATIONAL CUSTOMARY LAW -- A. Formation and Evidence of International Customary Law -- B. The 'Modern' Approach Weakness: The Evaluation of Negative or Controversial Practice -- C. A 'Gordian' Solution: Resorting to General Principles of International Law Rather Than to International Customary Rules -- II. BEYOND STATE PRACTICE: IS IT TIME TO TAKE INTO CONSIDERATION WHAT NON-STATE ACTORS DO? -- A. Non-state Actors' Participation in the Formation of International Custom: Behind the Scenes of State Practice -- B. Towards a Limited Acceptance of the Role of Non-state Actors in the Formation of International Custom -- III. CONCLUDING REMARKS -- Section 2: Factors and Structures Reconsidered -- 6 Disaster Relief in International Law -- I. DISASTER RELIEF AND INTERNATIONAL ORGANIZATION -- II. THE ACTORS AND THE LAW OF DISASTER RELIEF -- III. SOVEREIGNTY V COOPERATION IN DISASTER RELIEF -- IV. WHAT IS THE ROLE OF 'RESPONSIBILITY TO PROTECT'? -- V. THE EMERGING RIGHT TO HUMANITARIAN ASSISTANCE -- VI. THE FUTURE OF DISASTER RESPONSE -- 7 After 60 Years: The International Legal Regime Protecting Stateless Persons-Stocktaking and New Tendencies -- I. SETTING THE SCENE -- II. INTRODUCTION INTO THE WORLD OF 'LEGAL GHOSTS' -- III. RESPONSES OF THE INTERNATIONAL COMMUNITY TO TACKLE STATELESSNESS -- IV. SCOPE AND CONTENT OF THE 1954 NEW YORK CONVENTION: AN OVERVIEW -- V. SUBSEQUENT DEVELOPMENTS OF THE PROTECTION REGIME UNDER INTERNATIONAL LAW -- A. Horizontal Issues -- B. Specific Domains -- VI. DE LEGE FERENDA PROPOSALS: NEW TENDENCIES -- VII. CONCLUSIONS -- 8 Responsibility to Protect (R2P) and Minorities -- I. INTRODUCTION -- II. THE EVOLUTION OF R2P -- A. The Concept of Humanitarian Intervention -- B. From Humanitarian Intervention to R2P.

C. The UN Secretary General's Contribution towards the Development of R2P -- D. Behaviour of States towards R2P after the WSOD -- E. Responsibility while Protecting (RWP) -- III. R2P AND MINORITIES -- A. Why Minorities? -- B. WSOD Crimes vis-à-vis Minorities -- IV. FUTURE OF R2P -- 9 Governance of Financial Crises: A Role for the International Protection of Economic and Social Rights? -- I. INTRODUCTORY REMARKS -- II. COOPERATION AND COHERENCE AMONG INSTITUTIONS DEALING WITH HUMAN RIGHTS AND WITH FINANCIAL ISSUES IN CRISIS MANAGEMENT -- III. CRISIS GOVERNANCE THROUGH SOCIAL DIALOGUE AND CIVIL SOCIETY PARTICIPATION -- IV. CONCLUDING OBSERVATIONS -- 10 Recent Regulatory Initiatives in the Ratings Industry: CRA III and the ESMA Proposals on Structured Finance, the Performance of Agencies and their Fee Arrangements -- I. INTRODUCTION -- II. THE IDENTITY OF THE RATINGS MARKET -- A. A Highly Concentrated Market -- B. Over-reliance on Ratings -- C. The Systemic Impact of Sovereign and Structured Finance Ratings -- D. Conflicts of Interest and Survival of the 'Issuer Pays' Remuneration Model -- III. THE RECENT REGULATORY NOVELTIES AND PROPOSALS -- A. Invigorating Competition among the Rating Agencies -- B. Paving the Way for Reducing Over-reliance on Ratings -- C. Tackling the Systemic Importance of Sovereign Ratings and of Structured Finance Ratings -- D. Expanding the Regulation of the Agencies' Conflicts of Interest -- IV. CONCLUSION -- 11 The Odious Debt Doctrine: The Past and the Challenges of the Present -- I. INTRODUCTION -- II. CATEGORIES OF ODIOUS DEBTS -- III. RECENT CASES FOR APPLYING THE ODIOUS DEBT DOCTRINE -- IV. REASONS OF THE ODIOUS DEBT DOCTRINE'S IMPRACTICALITY -- A. Lack of the People's Consent -- B. Lack of Benefit to the People -- C. Creditor's Awareness -- V. CONCLUSIONS.

Part II: International Legal Facets of the Modern Race towards Resources -- Section 1: Protecting the Past -- 12 'Return of Cultural Treasures to their Countries of Origin': Principle or Trend in Cultural Property Law? -- I. INTRODUCTION -- II. GROUNDS FOR RETURN -- A. Law and International Customary Rules -- B. Ethics -- C. Practice and Public Feeling -- III. TIME LIMITATIONS -- IV. CONCLUSIONS -- 13 The Cultural Heritage of Mankind beyond UNESCO: The Case of International Financial Institutions -- I. INTRODUCTION -- II. UNESCO AND THE CULTURAL HERITAGE OF MANKIND -- A. The Normative Framework -- B. Protecting the Cultural Heritage of Universal Value in Practice -- III. MEETING THE FINANCIAL CHALLENGES OF WORLD CULTURAL HERITAGE -- A. Preserving World Cultural Heritage: Think Globally, Pay Locally -- B. International Financial Institutions and the Cultural Heritage of Mankind -- IV. CLOSING REMARKS -- Section 2: Sharing the Present and Safeguarding the Future -- 14 Something Fishy about Fisheries: High Seas Fisheries and the Common Resource Conundrum -- I. INTRODUCTION -- II. CLEARLY DEFINED BOUNDARIES -- III. CONGRUENCE BETWEEN RULES AND LOCAL CONDITIONS -- IV. COLLECTIVE-CHOICE ARRANGEMENTS -- V. MONITORING -- VI. GRADUATED SANCTIONS -- VII. CONFLICT-RESOLUTION MECHANISMS -- VIII. MINIMAL RECOGNITION OF RIGHTS TO ORGANIZE -- IX. NESTED ENTERPRISES -- X. CONCLUSION -- 15 Biodiversity, Marine Protected Areas and Areas beyond National Jurisdiction -- I. INTRODUCTION -- II. MARINE PROTECTED AREAS UNDER THE LAW OF THE SEA CONVENTION -- A. In the Exclusive Economic Zone -- B. In the Area -- C. Protection of Straddling Stocks and Highly Migratory Species -- III. MARINE PROTECTED AREAS UNDER THE AUSPICES OF THE IMO -- A. MARPOL Special Areas -- B. Particularly Sensitive Sea Areas -- IV. REGIONAL SEAS -- A. UNEP-Mediterranean Action Plan -- B. OSPAR.

V. THE WAY FORWARD -- VI. CONCLUSION -- 16 Turkish Objections to Exclusive Economic Zone Agreements Concluded by Cyprus -- I. INTRODUCTION -- II. MARITIME DELIMITATION AGREEMENTS CONCLUDED BY CYPRUS -- III. THE TURKISH OBJECTIONS -- IV. LEGAL ANALYSIS OF THE TURKISH OBJECTIONS -- A. The Exclusive Economic Zone Concept -- B. The Problem of Third Parties -- C. The Cyprus Question and the Representation of its Inhabitants -- V. CONCLUSION -- 17 Towards the Acceptance of the Equidistance Rule in the Delimitation of the Continental Shelf and the Exclusive Economic Zone: The Role of International Jurisprudence -- I. INTRODUCTION -- II. INITIAL APPROACH: EMPHASIS ON FLEXIBILITY -- A. The 1958 Geneva Convention on the Continental Shelf and the North Sea Continental Shelf Case -- B. The 1982 Law of the Sea Convention -- III. THE GRADUAL ACCEPTANCE OF THE PRIORITY OF THE EQUIDISTANCE METHOD -- IV. EMPHASIS ON LEGAL CERTAINTY: TOWARDS THE ACCEPTANCE OF EQUIDISTANCE AS A RULE OF INTERNATIONAL LAW -- V. CONCLUSION -- 18 Collective Responsibility for Water in Central Asia -- I. INTRODUCTION -- II. LEGAL AND INSTITUTIONAL FRAMEWORK -- III. THE RULE OF EQUITABLE AND REASONABLE UTILIZATION -- IV. THE ROLE OF VITAL HUMAN NEEDS AND ENVIRONMENTAL PROTECTION -- V. REQUIREMENT OF COOPERATION -- VI. CONFLICTING WATER NEEDS -- VII. CONCLUSION -- 19 International Law, Governance and Trade of Water Services -- I. INTRODUCTION -- II. A WATER CRISIS -- III. INTERNATIONAL TRADE AND LIBERALIZATION OF WATER SERVICES-A SOLUTION TO THE WATER CRISIS? -- IV. INTERNATIONAL TRADE LAW AND WATER GOVERNANCE: TOWARDS SUSTAINABLE DEVELOPMENT AND PROTECTION OF HUMAN RIGHTS -- V. CONCLUSION -- Part III: Towards a New Order for International Investment and Trade -- Section 1: International Arbitration at a Crossroads -- 20 The Rule of Law in International Investment Arbitration.

I. INTRODUCTION.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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