If well managed, migration generates benefits for migrants, their countries of origin and the countries they settle in. For migrants, it can help them expand their skill sets and improve their standard of living. For destination countries, it can alleviate demographic pressures and foster...

A significant adaptation has recently occurred in the mandate of the International Monetary Fund. With no alteration to its legal charter, the Fund has effectively become the promoter of a putative consensus among its leading member states on intrusive norms of industrial regulation. At a time...

Good governance lies at the heart of both the effectiveness and legitimacy of collective decision-making. In this essay, Professor Esty argues that, if the World Trade Organization (WTO) is to be successful in its designated role of promoting trade liberalization and helping to manage...

This first edition of the 'AIIB Yearbook of International Law' (AYIL), edited by Peter Quayle and Xuan Gao, is based upon the inaugural 2017 AIIB Legal Conference, both titled, 'Good Governance and Modern International Financial Institutions' (IFIs). Following a Preface by the General Counsel of...

Good governance is important for countries at all stages of development. Our approach is to concentrate on those aspects of good governance that are most closely related to our surveillance over macroeconomic policies- namely, the transparency of government accounts, the effectiveness of public...

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...