This important book examines the development of soft law instruments in international investment law and the feasibility of a ‘codification’ of the present state of this field of international economic law.

Prior to the Australia -- Automotive Leather implementation report, it was widely understood by WTO Members that the WTO did not provide for retrospective remedies. The multilateral trading system was about a balance of rights and obligations with WTO remedies to preserve future trading...

We explore the incentives countries face in trade litigation within the new WTO Dispute Settlement System. Our analysis yields a number of interesting predictions. First, because sanctions are ruled out during the litigation process, the Dispute Settlement System does not preclude all new trade...

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