Studies in International Trade and Investment Law: Constitutionalism, Multilevel Trade Governance and Social Regulation (Hardcover)

This is a book about the ever more complex legal networks of transnational economic governance structures and their legitimacy problems. The book takes up the challenge of the editors' earlier pioneering works which have called for more cross-sectoral and interdisciplinary analysis by scholars of international law, European and international economic law, private international law, international relations theory, and social philosophy to examine the interdependence of multilevel governance in transnational economic, social, environmental, and legal relations.

Two complementary strands of theorizing are expounded. One argues that globalization and the universal recognition of human rights are transforming the intergovernmental 'society of states' into a cosmopolitan community of citizens which requires more effective constitutional safeguards for protecting human rights and consumer welfare in the national and international governance and legal regulation of international trade.

The second emphasizes the dependence of the functioning of international markets and liberal trade on governance arrangements which respond credibly to safety and environmental concerns of consumers, traders, politicians, and non-governmental actors. Inquiries into the generation of international standards and empirical analysis of legalization practices form part of this agenda.

The perspectives and conclusions of the more than 20 contributors from Europe and North America cannot be uniform. But they converge in their search for a constitutional architecture which limits, empowers, and legitimizes multilevel trade governance, as well as in their common premise that respect for human rights, private and democratic self-government, and social justice require more transparent, participatory, and deliberative forms of transnational 'cosmopolitan democracy'.