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| bounded rationality and economic diplomacy: Bounded Rationality and Economic Diplomacy Lauge N. Skovgaard Poulsen, 2015-08-21 This book examines how developing countries often sign up to highly potent rules underwriting economic globalisation without even realising it. |
| bounded rationality and economic diplomacy: Bounded Rationality and Economic Diplomacy Lauge N. Skovgaard Poulsen, 2015 Modern investment treaties give private arbitrators power to determine whether governments should pay compensation to foreign investors for a wide range of sovereign acts. In recent years, particularly developing countries have incurred significant liabilities from investment treaty arbitration, which begs the question why they signed the treaties in the first place. Through a comprehensive and timely analysis, this book shows that governments in developing countries typically overestimated the economic benefits of investment treaties and practically ignored their risks. Rooted in insights on bounded rationality from behavioural psychology and economics, the analysis highlights how policy-makers often relied on inferential shortcuts when assessing the implications of the treaties, which resulted in systematic deviations from fully rational behaviour. This not only sheds new light on one of the most controversial legal regimes underwriting economic globalization but also provides a novel theoretical account of the often irrational, yet predictable, nature of economic diplomacy.--Provided by publisher. |
| bounded rationality and economic diplomacy: Introduction to International Political Economy David N. Balaam, Bradford Dillman, 2018-07-31 In a revolutionary revision of this best-selling text, David Balaam and Bradford Dillman show how the postwar world order is at once under threat and yet resilient. This classic text surveys the theories, institutions, and relationships that characterize IPE and highlights them in the context of a diverse range of regional and transnational issues. Introduction to International Political Economy positions students to critically evaluate the global economy and to appreciate the personal impact of political, economic, and social forces. New to the Seventh Edition Streamlined yet comprehensive coverage—reducing the text from 20 to 17 chapters. There is also one unified chapter on global finance and a single chapter on energy and the environment. A new chapter on Constructivism shows sociological and ideational forces at work. A new chapter on Global Production encompasses transnational corporations and labor. A new chapter on Global Health incorporates food and refugee issues. Substantial revisions to 10 chapters, including new material on Brexit, the EU debt and refugee crises, populist-nationalist movements, inequality, trade conflicts and negotiations, cyber weapons, the rise of China, Middle East conflicts, and international responses to climate change. Significant focus throughout on President Trump’s impact on U.S. foreign policy, international order, and global security. Extensive new graphs and tables of data, plus 27 fascinating new text boxes throughout. An author-written Instructor’s Manual and Test Bank are provided along with additional online resources. |
| bounded rationality and economic diplomacy: The Oxford Handbook of International Political Economy , 2025-02-20 The field of International Political Economy (IPE) has rapidly developed into a central pillar in the study of International Relations, and its interdisciplinary roots make it a rich and productive area of scholarly interest. This Oxford Handbook analyses and evaluates the state of the art in IPE research. Bringing together leading experts from a wide geographical and theoretical spectrum, the Handbook provides accessible and comprehensive surveys on topics central to the study of International Political Economy. As IPE scholarship evolves to explore global events such as financial crises and trade wars, examining how politics is both a cause and a consequence of economics, it highlights the practical and problem-driven nature of the field. The Handbook considers the purported European-North American divide and the impact of the surrounding debate on the approach taken to the field. The chapters review the scholarly literature, outline future research opportunities, and consider the ways in which world events have contributed to new research in the field. The Handbook covers both the theoretical and methodological foundations of the field as well as substantive topics within it, including regulation, foreign aid, migration, NGOs, capital, political–military relations, and many others. The Oxford Handbooks of International Relations is a twelve-volume set of reference books offering authoritative and innovative engagements with the principal sub-fields of International Relations. The series as a whole is under the General Editorship of Christian Reus-Smit of the University of Melbourne and Duncan Snidal of the University of Oxford, with each volume edited by specialists in the field. The series both surveys the broad terrain of International Relations scholarship and reshapes it, pushing each sub-field in challenging new directions. Following the example of Reus-Smit and Snidal's original Oxford Handbook of International Relations, each volume is organized around a strong central thematic by scholars drawn from different perspectives, reading its sub-field in an entirely new way, and pushing scholarship in challenging new directions. |
| bounded rationality and economic diplomacy: The Political Economy of the Investment Treaty Regime Jonathan Bonnitcha, Lauge N. Skovgaard Poulsen, Michael Waibel, 2018-01-26 Investment treaties are some of the most controversial but least understood instruments of global economic governance. Public interest in international investment arbitration is growing and some developed and developing countries are beginning to revisit their investment treaty policies. The Political Economy of the Investment Treaty Regime synthesises and advances the growing literature on this subject by integrating legal, economic, and political perspectives. Based on an analysis of the substantive and procedural rights conferred by investment treaties, it asks four basic questions. What are the costs and benefits of investment treaties for investors, states, and other stakeholders? Why did developed and developing countries sign the treaties? Why should private arbitrators be allowed to review public regulations passed by states? And what is the relationship between the investment treaty regime and the broader regime complex that governs international investment? Through a concise, but comprehensive, analysis, this book fills in some of the many blind spots of academics from different disciplines, and is the first port of call for lawyers, investors, policy-makers, and stakeholders trying to make sense of these critical instruments governing investor-state relations. |
| bounded rationality and economic diplomacy: Research Handbook on Foreign Direct Investment Markus Krajewski , Rhea Tamara Hoffmann, Increasing international investment, the proliferation of international investment agreements, domestic legislation, and investor-State contracts have contributed to the development of a new field of international law that defines obligations between host states and foreign investors with investor-State dispute settlement. This involves not only vast sums, but also a panoply of rights, duties, and shifting objectives at the juncture of national and international law and policy. This engaging Research Handbook provides an authoritative account of these diverse investment law issues. |
| bounded rationality and economic diplomacy: International Policy Rules and Inequality José Antonio Ocampo, 2019-01-22 Over the past decades, the world has seen a dramatic increase in inequality. To what extent have the rules that govern the global economy, formally or informally, affected this trend? How can global governance arrangements be reformed to counteract them? In this book, an interdisciplinary group of prominent scholars scrutinizes how the rules of global economic governance—or the lack thereof—determine the extent and growth of inequality. Economists, political scientists, lawyers, and other experienced contributors bring together cutting-edge research on global rule making and inequality, exploring how international rules can exacerbate inequalities among and within countries to show the crucial interactions between policy choices and the distribution of income and wealth. They provide an in-depth examination of the rules governing foreign-investment protection, cross-border financial flows, and intellectual property rights, as well as the lack of standards governing international taxation and the channels through which they might affect inequality. With a focus on ambitious and achievable reforms, this book offers concrete steps toward global economic governance capable of counteracting inequitable wealth distribution and bringing about fairer economic growth. |
| bounded rationality and economic diplomacy: The Rise of Investor-state Arbitration Taylor St. John, 2018 This book offers the first social-scientific account of investor-state arbitration, and examines the intellectual, political, and economic forces behind its rise. |
| bounded rationality and economic diplomacy: Investment Treaties and the Rule of Law Promise N. Jansen Calamita, Ayelet Berman, 2022-10-06 Investment treaties promise to advance the rule of law in the countries which sign them. In reality, this is not the case. |
| bounded rationality and economic diplomacy: The Legitimacy of Investment Arbitration Daniel Behn, Ole Kristian Fauchald, Malcolm Langford, 2022-01-13 A rigorous and empirically-based analysis of the legitimacy challenges facing investment arbitration and the potential for reforms to remedy critique. |
| bounded rationality and economic diplomacy: The Oxford Handbook of International Arbitration Thomas Schultz, Federico Ortino, Jason Mitchenson, 2020 The Oxford Handbook of International Arbitration, A team of leading experts from across academia and practice provide an authoritative account of international arbitration, Discussion ranges from the practicalities of how arbitration technically works, to big picture analysis of the forces that underpin it, Incorporates insights from a range of disciplines beyond law, including history, sociology, literature, and economics Book jacket. |
| bounded rationality and economic diplomacy: Public Participation and Foreign Investment Law Eric De Brabandere, Tarcisio Gazzini, Avidan Kent, 2021-02-01 Public Participation and Foreign Investment Law offers a systematic treatment of public participation from the standpoint of the three main sources of foreign investment law, namely treaties, legislation and contracts. It identifies and critically discusses the different forms of public participation that can be found or envisaged in foreign investment law. From this perspective, the book looks at public participation as vehicle to strike a balance between private and public rights and interests. This book contributes to the understanding of the current forms, level and impact of public participation. It provides indications on how such participation could be enhanced with a view of improving the balance and legitimacy of the legal instrument related to the promotion and protection of foreign investments. |
| bounded rationality and economic diplomacy: Arbitrating the Conduct of International Investors Jose Daniel Amado, Jackson Shaw Kern, Martin Doe Rodriguez, 2018-01-11 This volume shows how investment arbitration may be reformed to achieve both increased investment flows and improved access to justice. |
| bounded rationality and economic diplomacy: Routledge Handbook of International Political Sociology Xavier Guillaume, Pınar Bilgin, 2016-12 11 Citizenship and an international political sociology -- 12 Advancing 'development' through an IPS approach -- 13 The global environment -- 14 Finance -- 15 Feminist international political sociology - international political sociology feminism -- 16 Global elites -- 17 Global governance -- 18 Health, medicine and the bio-sciences -- 19 Mobilization -- 20 Mobility -- 21 Straddling national and international politics: revisiting the secular assumptions -- 22 Reflexive sociology and international political economy -- 23 Security studies |
| bounded rationality and economic diplomacy: Investment Law's Alibis David Schneiderman, 2022-08-04 Connects narratives associated with colonialism, imperialism, civilized justice, debt, and development to international investment treaty law and arbitration. |
| bounded rationality and economic diplomacy: The Misery of International Law John Linarelli, Margot E. Salomon, M. Sornarajah, 2018 Poverty, inequality, and dispossession accompany economic globalization. Bringing together three international law scholars, this book addresses how international law and its regimes of trade, investment, finance, as well as human rights, are implicated in the construction of misery, and how international law is producing, reproducing, and embedding injustice and narrowing the alternatives that might really serve humanity. Adopting a pluralist approach, the authors confront the unconscionable dimensions of the global economic order, the false premises upon which they are built, and the role of international law in constituting and sustaining them. Combining insights from radical critiques, political philosophy, history, and critical development studies, the book explores the pathologies at work in international economic law today. International law must abide by the requirements of justice if it is to make a call for compliance with it, but this work claims it drastically fails do so. In a legal order structured around neoliberal ideologies rather than principles of justice, every state can and does grab what it can in the economic sphere on the basis of power and interest, legally so and under colour of law. This book examines how international law on trade and foreign investment and the law and norms on global finance has been shaped to benefit the rich and powerful at the expense of others. It studies how a set of principles, in the form of a New International Economic Order (NIEO), that could have laid the groundwork for a more inclusive international law without even disrupting its market-orientation, were nonetheless undermined. As for international human rights law, it is under the terms of global capitalism that human rights operate. Before we can understand how human rights can create more just societies, we must first expose the ways in which they reflect capitalist society and how they assist in reproducing the underlying terms of immiseration that will continue to create the need for human rights protection. This book challenges conventional justifications of economic globalization and eschews false choices. It is not about whether one is for or against international trade, foreign investment, or global finance. The issue is to resolve how, if we are to engage in trade, investment, and finance, we do so in a manner that is accountable to persons whose lives are affected by international law. The deployment of human rights for their part must be considered against the ubiquity of neoliberal globalization under law, and not merely as a discrete, benevolent response to it. |
| bounded rationality and economic diplomacy: Handbook of the International Political Economy of the Corporation Andreas Nölke, Christian May, 2018-09-28 Over the past few decades, corporations have been neglected in studies of international political economy (IPE). Seeking to demystify them, what they are, how they behave and their goals and constraints, this Handbook introduces the corporation as a unit of analysis for students of IPE. Providing critical discussion of their global and domestic power, and highlighting the ways in which corporations interact with each other and with their socio-political environment, this Handbook presents a thorough and up-to-date overview of the main debates around the role of corporations in the global political economy. |
| bounded rationality and economic diplomacy: The New Economic Diplomacy Nicholas Bayne, Stephen Woolcock, 2011 This third, fully updated edition of The New Economic Diplomacy explains how states conduct their external economic relations in the 21st century: how they make decisions domestically; how they negotiate internationally; and how these processes interact. It documents the transformation of economic diplomacy in the 1990s and 2000s in response to the end of the Cold War, the advance of globalization and the growing influence of non-state actors such as private business and civil society. |
| bounded rationality and economic diplomacy: The Perils of International Capital Faisal Z. Ahmed, 2020 Shows how financial globalization can be perilous, holding the capacity to finance the durability of authoritarian governments. |
| bounded rationality and economic diplomacy: Constitutional Review and International Investment Law David Schneiderman, 2024-04-25 The revival of interest in comparative constitutional studies, alongside the rise of legal limitations to state action due to investment treaty commitments, calls for a unique analysis of both investment law and comparative constitutional law. The unresolved tensions that arise between the two are only beginning to be addressed by judges. Are courts resisting these new international limitations on their constitutional space? Constitutional Review and International Investment Law: Deference or Defiance? pioneers this discussion by examining how a selection of the highest courts around the world have addressed this potential discord. A comparison of decisions in the US, Europe, Colombia, Indonesia, Israel, and elsewhere reveals that, rather than issuing declarations of constitutional incompatibility, courts are more likely to respond to constitutional tensions indirectly. Their rulings adopt stances that range from hard deference (such as the Peruvian Constitutional Court viewing constitutional law and investment law as entirely compatible) to soft defiance (for example the Colombian Constitutional Court requiring only modest renegotiation of some treaty terms so that they are constitutionally compliant). Readers learn that judges are not aiming to undermine the investment law regime but are seeking to mitigate constitutional collision. |
| bounded rationality and economic diplomacy: Global Wealth Chains Leonard Seabrooke, Duncan Wigan, 2022-05-12 The world economy operates around the production of value and the creation and protection of wealth. Firms and other actors use global value chains to make the most for the least cost, ideally also contributing to economic development. Firms and professionals use global wealth chains to create and protect wealth, strategically planning across multiple legal jurisdictions to control how assets are governed. The outcome of such planning often contributes to global inequality. While we know a great deal about value chains, we know much less about wealth chains. This volume explores how global wealth chains are articulated, issues of regulatory liability, and how social relationships between clients and service providers are important for governance issues. It explores how assets are governed across a range of sectors such as public utilities, food and alcohol, art, and pharmaceuticals, as well as in legal instruments like advance pricing agreements, tax treaties, regulatory standards, intellectual property, family trusts, and legal opinion. The book integrates insights from a range of disciplines including International Political Economy, Economic Geography, Sociology, Accounting, Management Studies, Anthropology, and Law to reveal how global wealth chains are used to govern assets in the world economy. |
| bounded rationality and economic diplomacy: Ideology and International Institutions Erik Voeten, 2021-01-12 Can international institutions help create more cooperative and peaceful relations between states? If so, how? And what motivates states to create meaningful institutions in the first place? Though theorists and researchers have approached these questions from different schools of thought, the commonality among them is that institutions are apolitical and their purpose is to assure common gains or develop shared social norms and identities. Institutions succeed if they rise above petty power politics and fail when they succumb to political confrontations. In this book, Erik Voeten offers a new broader understanding of international institutions. Current theories offer conflicting portraits of why IOs form, why the succeed (or not) and their role in current politics. While international institutions can enhance the welfare of participants, they are simultaneously the structural means through which actors try to get what they want, often at the expense of others. Voeten argues that these distributive politics shape institutions and, in turn, institutions shape the conduct of such politics. The book will largely be theoretical, as its purpose is to illustrate an alternative way of understanding institutions rather than to test a specific hypothesis. After developing what the distributive theory of international institutions is, Voeten examines how this theory bears on other understandings of international institutions on a variety of scholarly perspectives, drawing on the extensive work in this area |
| bounded rationality and economic diplomacy: Mediation as a Mandatory Pre-condition to Arbitration Ana Ubilava, 2022-11-21 Mandatory investor-state mediation (ISM) as a pre-condition to arbitration is the way forward for rebalancing the investor-state dispute settlement (ISDS) regime and tackling its widely criticised shortcomings. Presenting a comprehensive doctrinal analysis of ISDS clauses of dozens of treaties, this book reveals that simply offering ISM in a voluntary format will not increase its utilisation. In this volume, Ana Ubilava further debunks four common arguments and misconceptions against mandatory ISM through an innovative empirical analysis of over 600 investor-state arbitration cases. She also offers recommendations for incorporating mandatory ISM in ISDS as a precondition to arbitration aimed at international policymakers. |
| bounded rationality and economic diplomacy: The Continuing Imperialism of Free Trade Jo Grady, Chris Grocott, 2018-10-08 In 1953, John Gallagher and Ronald Robinson shook the foundations of imperial history with their essay ‘The Imperialism of Free Trade’. They reshaped how historians saw the British empire, focussing not on the ‘red bits on the map’ and the wishes of policy makers in London, but rather on British economic and political influence globally. Expanding on this analysis, this volume provides an examination of imperialism which brings the reader right up to the present. This book offers an innovative assessment and analysis of the history and contemporary status of imperial control. It does so in four parts, examining the historical emergence and traditions of imperialism; the relationships between the periphery and the metropolitan; the role of supranational agencies in the extension of imperial control; and how these connect to financialisation and international political economy. The book provides a dynamic and unique perspective on imperialism by bringing together a range of contributors – both established and up-and-coming scholars, activists, and those from industry – from a wide range of disciplines and backgrounds. In providing these authors a space to apply their insights, this engaging volume sheds light on the practical implications of imperialism for the contemporary world. With a broad chronological and geographical sweep, this book provides theoretical and empirical engagements with the nature of imperialism and its effects upon societies. It will be of great interest to a broad range of disciplines across the humanities and social sciences, especially those working in History, Politics, and Management and Organisation Studies. |
| bounded rationality and economic diplomacy: The Impact of Investment Treaty Law on Host States Mavluda Sattorova, 2018-02-08 Traditionally, international investment law was conceptualised as a set of norms aiming to ensure good governance for foreign investors, in exchange for their capital and know-how. However, the more recent narratives postulate that investment treaties and investor–state arbitration can lead to better governance not just for foreign investors but also for host state communities. Investment treaty law can arguably foster good governance by holding host governments liable for a failure to ensure transparency, stability, predictability and consistency in their dealings with foreign investors. The recent proliferation of such narratives in investment treaty practice, arbitral awards and academic literature raises questions as to their juridical, conceptual and empirical underpinnings. What has propelled good governance from a set of normative ideals to enforceable treaty standards? Does international investment law possess the necessary characteristics to inspire changes at the national level? How do host states respond to investment treaty law? The overarching objective of this monograph is to unpack existing assumptions concerning the effects of international investment law on host states. By combining doctrinal, empirical, comparative analysis and unveiling the emerging 'nationally felt' responses to international investment norms, the book aims to facilitate a more informed understanding of the present contours and the nature of the interplay between international investment norms and national realities. |
| bounded rationality and economic diplomacy: State Capitalism and International Investment Law Panagiotis Delimatsis, Georgios Dimitropoulos, Anastasios Gourgourinis, 2023-01-26 This book explores how State capitalism affects and reshapes international investment law. It sheds new light on the various ways States actively influence business and commercial activity globally by using sovereign investors such as state-owned enterprises and sovereign wealth funds or pension funds. With a diverse group of contributors from a broad range of countries, the book offers a fresh and timely look into the fundamentals of State capitalism, focusing in particular on its actors and processes, the contextual elements that surround it, and the new political economy that comes with it. The book is essential reading for researchers, regulators, policy makers, and practitioners interested in the different ways State capitalism challenges and changes international investment law. As geopolitical considerations increasingly affect global economic activity, delving into the intricacies of State capitalism has never been more timely. |
| bounded rationality and economic diplomacy: Revolutions in International Law Kathryn Greenman, Anne Orford, Anna Saunders, Ntina Tzouvala, 2021-02-18 The 1917 October Revolution and the revolutionary Mexican Constitution shook the foundations of international law. This collection revisits their legacies. |
| bounded rationality and economic diplomacy: The Asian Turn in Foreign Investment Mahdev Mohan, Chester Brown, 2021-08-26 Critically discusses the increasing significance of Asian States in the field of international investment law and policy. Contains analyses of national investment law rule-making in Asia, contributions of Asian States on cutting-edge developments to the global community, and contemplates future possibilities for investor-State dispute settlement. |
| bounded rationality and economic diplomacy: International Investment Treaties and Arbitration Across Asia Julien Chaisse, Luke Nottage, 2017-12-18 International Investment Treaties and Arbitration Across Asia brings together leading academics and practitioners to examine whether and how the Asian region has or may become a significant ‘rule maker’ in contemporary international investment law and dispute resolution. The editors introduce FDI trends and regulations, investment treaties and arbitration across Asia. Authors add country studies for the ten member states of the Association of Southeast Asian Nations as well as an overview of ASEAN treaties, or examine other potential ‘middle powers’ (Korea, Australia and New Zealand collectively) and the emerging ‘big players’ (China, Japan and India). Two early chapters present econometric studies of treaty impact on FDI flows, in aggregate as well as for Thailand, while two concluding chapters offer other normative and forward-looking perspectives. |
| bounded rationality and economic diplomacy: Investment Treaties and the Legal Imagination Nicolás M. Perrone, 2021 This book brings a new perspective to the subject of international investment law, by tracing the origins of foreign investor rights. It shows how a group of business leaders, bankers, and lawyers in the mid-twentieth century paved the way for our current system of foreign investment relations, and the investor-state dispute settlement mechanism. |
| bounded rationality and economic diplomacy: The Fair and Equitable Treatment (FET) Standard in International Investment Arbitration Rumana Islam, 2018-09-18 This book presents comprehensive information on a range of issues in connection with the Fair and Equitable Treatment (FET) standard, with a particular focus on arbitral awards against host developing countries, thereby contributing to the available literature in this area of international investment law. It examines in detail the interpretation of the FET standard of key arbitral awards affecting host developing countries, demonstrating the full range of interpretation approaches adopted by the current investment tribunals. At the same time, the book offers valuable practical guidance for counsels/scholars representing host developing countries in investment arbitration, where balancing the competing interests of the foreign investors and the host developing countries in investment disputes poses a complex challenge. The book puts forward the pressing need for a re-conceptualized interpretation of the FET standard in tune with the developmental issues and challenges faced by host developing countries, recognizing these countries’ particular perspectives as an important and relevant aspect of investment disputes (often ignored by the current investment tribunals), while continuing to ensure reasonable protections for foreign investors and therefore serving the needs of the system as whole. The findings presented here will greatly benefit host developing countries engaged in investment arbitration. In addition, the book offers an insightful guide for all researchers whose work involves investment law and investment arbitration issues. |
| bounded rationality and economic diplomacy: The Use of Commercial Arbitration Rules in Investment Treaty Disputes Joel Dahlquist, 2021-03-15 Arbitration clauses in investment treaties often provide investors with a choice between ICSID arbitration, on the one hand, and rules originally drafted for commercial arbitration on the other. The Use of Commercial Arbitration Rules in Investment Treaty Disputes studies how domestic courts and commercial arbitration institutions impact the scope of arbitral tribunal jurisdiction when commercial arbitration rules are used. Based on extensive studies of court decisions and previously-unknown arbitral awards, Joel Dahlquist’s book analyses the practice of domestic courts in reviewing treaty-based jurisdiction, and explains how the two most used commercial arbitration institutions – the ICC and the SCC – have drafted, interpreted and applied their arbitration rules in treaty-based disputes. |
| bounded rationality and economic diplomacy: Natural Resources and Human Rights Jérémie Gilbert, 2018-10-24 Natural resources and their effective management are necessary for securing the realisation of human rights. The management of natural resources is linked to broad issues of economic development, as well as to political stability, peace and security, but it is also intimately connected to the political, economic, social and cultural rights of individuals and communities relying on these resources. The management of natural resources often leads to ill-planned development, misappropriation of land, corruption, bad governance, misaligned budget priorities, lack of strong institutional reforms and weak policies coupled with a continued denial of the human rights of local communities. This book argues that human rights law can play an important role in ensuring a more effective and sustainable management of natural resources, putting forward the idea of a human rights-based normative framework for natural resource management. It offers a comprehensive analysis of the different norms, procedures, and approaches developed under human rights law that are relevant to the management of natural resources. Advocating for a less market and corporate approach to the control, ownership, and management of natural resources, this book supports the development of holistic and coherent integration of human rights law in the overall international legal framework governing the management of natural resources. |
| bounded rationality and economic diplomacy: Chinese Economic Diplomacy Shuxiu Zhang, 2016-07-01 Economic diplomacy was declared in 2013 by Beijing as a priority in its comprehensive strategy for diplomacy. The political elite undertook to further invest in economic diplomacy as an instrument for economic growth and development. Globally, Chinese cooperation in multilateral economic processes has become critical to achieving meaningful outcomes. However, little understanding exists in current literature on the factors and mechanisms which shape the processes behind China’s economic diplomacy decision-making. Chinese Economic Diplomacy provides an understanding of the processes and practices of China’s economic diplomacy, with multilateral economic negotiations as the primary basis of analysis, specifically the UN climate change talks and the WTO Doha Round trade negotiations. It examines how early economic diplomacy in global governance contributed to the varied and evolving nature of its present-day decision-making structures and processes. Demonstrating how China’s negotiation preferences are driven by networks of political actors in formal and informal domestic and systemic environments, it also highlights the capacity of international negotiation practices to alter and re-shape China’s approach to multilateral economic negotiations. As a consequence, the book presents a framework for understanding China’s economic diplomacy decision-making processes that is systemically constructed by domestic and international agencies. Offering a Chinese perspective of the notion of economic diplomacy, this book will be of interest to students and scholars of Chinese Economics, International Relations and Political Economy. |
| bounded rationality and economic diplomacy: The International Law on Foreign Investment M. Sornarajah, 2017-08-24 Presenting international foreign investment law in historical, political and economic contexts, this book embraces all recent developments. |
| bounded rationality and economic diplomacy: The Protection of General Interests in Contemporary International Law Massimo Iovane, Fulvio Maria Palombino, Daniele Amoroso, Giovanni Zarra, 2021 This book explores the notions of global public goods, global commons, and fundamental values as conceptual tools for the protection of the general interests of the international community. It explores how states and other actors have used international law to protect general interests, and outlines significant challenges still to be addressed. |
| bounded rationality and economic diplomacy: Treaties and their Practice Georg Nolte, 2019-03-25 The book describes the development of certain important treaties from the perspective of their practice, with a view to assessing whether these treaties are, or have been, on the “rise” or in “decline”. Following a glance at major European peace treaties prior to the UN Charter, the book focuses on developments over the last thirty years with respect to the UN Charter and its rules on the use of force, human rights treaties, the WTO agreements, investment treaties, and environmental treaties. It looks at these treaties from the perspective of an observer as well as from the perspective of a practitioner who is called to apply a treaty, taking into account the rules of interpretation under the Vienna Convention on the Law of Treaties. The book describes, in particular, how the International Law Commission has elucidated the significance of the rules of interpretation in its conclusions on “Subsequent agreements and subsequent practice in relation to the interpretation of treaties” (2018), and it connects this work with the broader developments. |
| bounded rationality and economic diplomacy: Customary International Law and Tax Jurisdiction Céline Braumann, 2025-02-14 Customary International Law and Tax Jurisdiction Céline Braumann Little attention has been paid to the pervasive effects of customary international law in contemporary issues of international taxation. Customary international law influences states’ bargaining power in treaty negotiations, serves as a gap-filler for issues not regulated by treaties, and informs the interpretation of tax treaties by judges and administrative agencies. This study represents the most comprehensive and robust empirical analysis of customary international tax law to date. It adds the – formerly absent – voice of a public international lawyer to the conversation. Using a novel and carefully theorized methodology for the identification of customary international law concerning international tax law, the author approaches the subject through an assessment of three crucial jurisdictional issues: the nexus principle, which specifies how a state must be connected to a subject or object to exercise tax jurisdiction; the norms that govern the cross-border taxation of corporate business profits; and the nexus of ownership and control and, by extension, the role of the corporate veil in contemporary international tax law. A central contribution of this book is its new data set that compares the relevant practice of 80 states, providing a much larger and more geographically representative sample than any previous study. The book also includes an in-depth discussion on how customary limits to tax jurisdiction relate to current reform proposals spearheaded by the OECD/G20 Inclusive Framework and by the UN General Assembly, as well as unilateral measures such as digital services taxes. It thereby furnishes new insights to the debate on their conformity with or divergence from the normative status quo of international tax law. At its core, this book seeks to foster intra-disciplinary dialogue between international tax lawyers and public international lawyers by offering an accessible analysis of a complex interaction; a feature that will benefit academics, practitioners and policymakers in both fields. |
| bounded rationality and economic diplomacy: The Law of Investment Treaties Jeswald W. Salacuse, 2021 In this new edition of an authoritative work in the field, Jeswald W. Salacuse thoroughly examines the law of international investment treaties, particularly with respect to its origins, structure, content, and effects. He takes into account all major developments in the law to provide an up-to-date guide for students, scholars, and practitioners. |
| bounded rationality and economic diplomacy: International Trade and Investment Dispute Settlement Giorgio Sacerdoti, Niall Moran, 2025-06-17 This book provides a thorough comparative analysis of the trade dispute settlement system of the WTO, Regional Trade Agreements, and of Investor–State Dispute Settlement (ISDS). Reviewing in parallel their origins, features, development, and current challenges, highlighting commonalities and differences, the book analyzes criticisms leveled against both regimes, explores current reform efforts at the WTO, ICSID, and UNCITRAL (including the controversial proposal to replace ISDS with a Multilateral Investment Court), and engages in the on-going debate by evaluating possible outcomes. As to trade, the book highlights the WTO system's successful operation for more than 20 years and its hobbling functioning since the paralysis of the Appellate Body in 2019. As to ISDS, the book details the procedural protection granted to foreign investors under Bilateral Investment Treaties (BITs), other International Investment Agreements and investment chapters of trade agreements such as NAFTA, USMCA, CETA, and the CPTPP, alongside the impact of case law on the regulatory space of states. This authoritative book intends to serve as a fundamental reference for students and researchers in international investment and trade law, as well as for international lawyers, adjudicators, and diplomats involved in dispute settlement. |
BOUNDED Definition & Meaning - Merriam-Webster
The meaning of BOUNDED is having a mathematical bound or bounds. How to use bounded in a sentence.
BOUNDED | English meaning - Cambridge Dictionary
BOUNDED definition: 1. past simple and past participle of bound 2. to move quickly with large jumping movements 3. to…. Learn more.
Bounded function - Wikipedia
In mathematics, a function defined on some set with real or complex values is called bounded if the set of its values (its image) is bounded. In other words, there exists a real number M …
How to Use Bound vs. bounded Correctly - GRAMMARIST
Bounded is the past tense and past participle of the verb bound, which has two main definitions: (1) to confine or serve as the boundary of, and (2) to leap or spring. For example, an island is …
Bounded Function & Unbounded: Definition, Examples
In order for a function to be classified as “bounded”, its range must have both a lower bound (e.g. 7 inches) and an upper bound (e.g. 12 feet). Any function that isn’t bounded is unbounded. A …
Bounded Functions - Department of Mathematics at UTSA
Nov 17, 2021 · A function f defined on some set X with real or complex values is called bounded if the set of its values is bounded. In other words, there exists a real number M such that | | for …
BOUNDED Definition & Meaning | Dictionary.com
Bounded definition: having bounds or limits.. See examples of BOUNDED used in a sentence.
Bounded - definition of bounded by The Free Dictionary
To set a limit to; confine: a high wall that bounded the prison yard; lives that were bounded by poverty. 2. To constitute the boundary or limit of: a city park that was bounded by busy streets.
Bounded - Definition, Meaning & Synonyms | Vocabulary.com
3 days ago · DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘bounded'. Views expressed in the examples do not represent …
BOUNDED definition and meaning | Collins English Dictionary
(of a set) having a bound, esp where a measure is defined in terms of which all the elements of the set, or the differences between all pairs of members, are less than some value, or else all …
BOUNDED Definition & Meaning - Merriam-Webster
The meaning of BOUNDED is having a mathematical bound or bounds. How to use bounded in a sentence.
BOUNDED | English meaning - Cambridge Dictionary
BOUNDED definition: 1. past simple and past participle of bound 2. to move quickly with large jumping movements 3. to…. Learn more.
Bounded function - Wikipedia
In mathematics, a function defined on some set with real or complex values is called bounded if the set of its values (its image) is bounded. In other words, there exists a real number M …
How to Use Bound vs. bounded Correctly - GRAMMARIST
Bounded is the past tense and past participle of the verb bound, which has two main definitions: (1) to confine or serve as the boundary of, and (2) to leap or spring. For example, an island is …
Bounded Function & Unbounded: Definition, Examples
In order for a function to be classified as “bounded”, its range must have both a lower bound (e.g. 7 inches) and an upper bound (e.g. 12 feet). Any function that isn’t bounded is unbounded. A …
Bounded Functions - Department of Mathematics at UTSA
Nov 17, 2021 · A function f defined on some set X with real or complex values is called bounded if the set of its values is bounded. In other words, there exists a real number M such that | | for …
BOUNDED Definition & Meaning | Dictionary.com
Bounded definition: having bounds or limits.. See examples of BOUNDED used in a sentence.
Bounded - definition of bounded by The Free Dictionary
To set a limit to; confine: a high wall that bounded the prison yard; lives that were bounded by poverty. 2. To constitute the boundary or limit of: a city park that was bounded by busy streets.
Bounded - Definition, Meaning & Synonyms | Vocabulary.com
3 days ago · DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘bounded'. Views expressed in the examples do not represent …
BOUNDED definition and meaning | Collins English Dictionary
(of a set) having a bound, esp where a measure is defined in terms of which all the elements of the set, or the differences between all pairs of members, are less than some value, or else all …
