Conclusion to 'Global Justice and International Economic Law : Opportunities and Prospects'

The papers in this volume together raise and respond to this key question: how can the justice of global economic relations be enhanced and safeguarded by international economic law? First, there is a need for more careful, formal attention to the relationship between normative theory and social facts from the theoretical side. When theorizing institutional reform, normative theory must undergo a “step change” or downshift if it is to effectively integrate with the institutional realities it seeks to reform. Moreover, when theorizing global justice and institutional reform, we must pay close attention to empirical theory; acknowledge the reality and limits of ideology and the pervasive effects of power inequalities; and take care to avoid disciplinary hubris. Finally, we should form a clear, coherent, and multidisciplinary agenda of research and action. We need a plurality of clear, powerful, well-argued principles or ideas that can inspire, animate, and organize our efforts toward a more just global economic system. On the basis of such foundational principles, we need detailed intermediate models for reforming core rules, policies, and procedures in each key functional area of international economic law, a collaborative effort among philosophers and academic lawyers for each major institution and area of international economic law which needs reform in view of the demands of global justice. This must be complemented by a wide range of legal arguments and an equally wide range of political strategies, addressed to each major country, institution and stakeholder in support of a more just global economic system. This is where philosophers and academic lawyers can work fruitfully with others such as political scientists and social psychologists interested in justice issues. We need the contributions of each discipline, united in a comprehensive policy package that can be delivered and implemented by political leaders. This is the research agenda for the next generation of global justice scholarship