Voluntary standards, certification and labeling mechanisms are one of many forms of private governance institutions that have been developed in recent years to permit communities to govern without government. These institutions enhance efficiency by internalizing externalized social costs and...

The 2008 Financial Crisis has affected nearly every aspect of every economy in the world in some way or another. In a short span of time, its causes and consequences have been analyzed in great detail. However, while plenty has been written about its impact on domestic systems, its impact on...

The introduction, and evolution of securitisation over the years, has made a phenomenal contribution to the area of corporate finance. Securitisation is a specialised area which has evolved to deliver considerable advantages to banks and their corporate and government clients, a sub-subjected...

Among international organizations, the World Trade Organization (WTO) is widely credited with having the most effective dispute settlement system. Its highly developed dispute settlement system, which is one of the few in international law to include a standing appellate body, invites...

Generally speaking, each individual jurisdiction has adopted its own approach concerning the rules on the determination of the governing law applicable in proceedings in international matters. In the international practice, arbitral panels usually distinguish four relatively autonomous areas...

This Article probes the previously underexplored failure of the world trading rules to keep abreast with the global marketplace. It argues that the global trading system, despite its well-documented contribution to the spectacular expansion of postwar trade, has never in fact fully moved away...

Adopting the view that a more active participation of indigenous peoples in the trade of their knowledge assets would promote their socioeconomic development raises difficult questions of legitimacy and method. Questions of legitimacy are posed by the potentially modernizing effects of...

This comment first defines the concept of e-comrnerce, discussing its development in the international market. The comment next examines the legal questions raised in the use of the Internet to facilitate business. Legally speaking, in order to promote efficiency in the world market this comment...

On the twentieth anniversary of the negotiation of the United Nations Framework Convention on Climate Change (UNFCCC) and the fifteenth anniversary of the negotiation of the Kyoto Protocol to the UNFCCC, it is time for the global community to reflect on the future of our system of global climate...

Multiculturalism has many aspects and broad ramifications. To begin with multiculturalism is an empirical and sociological fact. Multiple cultures exist and these are superimposed upon multiple national states in ever changing ways. These different cultures develop, interact and at times...