International Economic Law by Andreas F. Lowenfeld, 9780199226948

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As conflict and cooperation among states turn to an ever greater extent on economic issues, this fully updated and expanded second edition presents a comprehensive exploration of the legal foundations of the international economy. It not only examines the current status of the law, but also explores the origins, political tensions and development of outcomes that are often difficult to comprehend. Lowenfeld examines the major elements of economic law in the international arena including the World Trade Organization and its antecedents; dumping, subsidies, and other devices that alter the market; the International Monetary System, including the collapse of the Bretton Woods system; the debt of developing countries; the law of foreign direct investment, including changing perceptions of the rights of host states and multinational enterprises; and economic sanctions. The book also contains chapters on competition law, environmental law, and new chapters on intellectual property and the various forms of arbitration; demonstrating how these subjects fit into the framework of international economic law. Professor Lowenfeld brings to his task a lifetime of practice and teaching experience to produce a book that will be of use to international lawyers and non-specialists alike.

Publisher reviews

Review from previous edition Andreas Lowenfeld has written the book many were hoping he would write... Apart from the analytical ability with which [he] outlines the structures and principles of international economic law and the abundance of enlightening historic details, one must commend the author on [his] language and style... Lowenfeld has written a very important and delightful book... Andreas R. Ziegler, The swiss Review of International Economic Relations, Vol. 58, no.1, pp154-5, 2003. ...this is an enormously worthwhile book to read. Even if one does not wholeheartedly subscribe to the conclusions, the book starts one on a journey of consideration of these increasingly important and overlooked issues. All those who have a deep interest in public and private international law should undergo that journey. Pippa Rogerson, The Cambridge Law Journal There are academic books which become classics in their field shortly after publication. The two books to be reviewed here are such examples. They are already frequently cited and widely held to be authoritative. European Journal of International Law (reviewed together with Matsushita: The World Trade Organization: Law, Practice, and Policy - 0-19-876472-3) ... as a treatise - as an exhaustive analysis of the lex lata of international economic law - the volume succeeds splendidly...a reference book for intellectual historians, for trade practitioners, and for scholars.. American Journal of International Law This volume is...impressive in its extensive coverage of all main areas of international economic law and its institutions. Case-law abd practice are presented, including precious little-known information on practical arrangements collected through political statements and other difficult-to-find sources...This volume [is] not only a fundamental reference and source book but also a must for any comprehensive approach to the subject matter. Giorgio Sacerdoti, Italian Yearbook of International Law, Vol XVIII The material is presented in a style which is atypical for law textbooks, whether in international law or any other sphere of law, which tend to focus on a systemic explanation of the rules with references to case law or historic background only when essential. In contrast, Lowenfeld devotes much space to developing the context in which legal principles were established. This method is beneficial David Collins, City University London, The Modern Law Review



About the author

Andreas Lowenfeld is the Herbert and Rose Rubin Professor of International Law at New York University.




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