This paper is a contribution to the literature on rational design of trade agreements. The World Trade Organization (WTO) is an incomplete contract among sovereign states. Incomplete contracts contain gaps. Ex post, contractual gaps may leave gains from trade unrealized; they may create 'regret'...

This paper is a contribution to the literature on rational design of trade agreements. The World Trade Organization (WTO) is an incomplete contract among sovereign states. Incomplete contracts contain gaps. Ex post, contractual gaps may leave gains from trade unrealized; they may create...

The UN Declaration of 24 September 2012 reaffirming the commitment of Heads of State and Government to the Rule of Law reflects the current uneasiness accompanying the application of just the concept. This short paper argues that it is due to discrepancies in its worldwide understanding and to...

This paper considers the factors the allowed for the birth and facilitated the subsequent development of the equity side and the finance (or debt) side of the Islamic capital markets. The equity side of the Islamic capital markets began in 1998 with the issuance (after five years of debate) of a...

International law has been subject to so much well-deserved criticism, and yet remains a compelling moral language for issues of global justice. It has an aspirational, or utopian dimension, in which law bears an enduring relation to an idea of justice. And yet attempts to call on the promise of...

“Fragmentation” is a powerful phenomenon derived from human thinking, also finding expression in the context of the regulation of international trade under the World Trade Organization (WTO). In its most prominent manifestation, the regulation of the global market is fragmented across...

This Note offers a brief analysis of the Shari'a-Compliant financial system, its history and its emergence in the modern era, and explores areas where it has come into conflict with Western financial systems. The Note seeks to illustrate the compromises which have been necessary to allow these...

Case law discussions in sport management scholarship and pedagogy frequently focus exclusively on one primary topic area. Thus, a case serves as a textbook example of a specific legal theory and management practice points. Occasionally, a multi-faceted case allows for an elaborate, comprehensive...

In Soft Law and the Global Financial System: Rule-Making in the Twenty-First Century (2011), Christopher J. Brummer provides a detailed and informative analysis of the international regulatory response to the global financial crisis of 2008. This accomplishment alone warrants a close look at...