One of the risks that international economic law is facing is the inability to give consistent answers to actual needs. Coherence, consistency and predictability of international law rules are particularly relevant in a global world and market, where private actors are increasingly gaining...

The future is drying out. By 2025, up to 40% of the world's population could be suffering of water scarcity, and yet, the role of law in the governance of water resources seems to be mostly spared of critical scrutiny. At the heart of the matter is our conception of water. Traditionally, water...

The WTO Agreement is said to be unconcerned with trade effects. Instead, WTO member countries incur state responsibility on the basis of their acts alone. This responsibility is reinforced by the irrebuttable presumption contained in DSU Art. 3.8 and longstanding practice, which together...

This chapter surveys empirically the broad features of trade policy in goods for 31 major economies that collectively represented 83% of the world's population and 91% of the world's GDP in 2013. We address five questions: Do some countries have more liberal trading regimes than others? Within...

What does economics have to say about the design of international trade agreements? We review a literature on this question, providing detailed coverage on three key design features of the GATT/WTO: reciprocity, nondiscrimination as embodied in the MFN principle, and tariff bindings and binding...