Emerging Powers in the International Economic Order: Cooperation, Competition and Transformation

Emerging Powers in the International Economic Order: Cooperation, Competition and Transformation
ISBN-10
1108771505
ISBN-13
9781108771504
Category
Law
Language
English
Published
2019-07-31
Publisher
Cambridge University Press
Authors
Sonia E. Rolland, David M. Trubek

Description

The post-war liberal economic order seems to be crumbling, placing the world at an inflection point. China has emerged as a major force, and other emerging economies seek to play a role in shaping world trade and investment law. Might they band together to mount a wholesale challenge to current rules and institutions? Emerging Powers in the International Economic Order argues that resistance from the Global South and the creation of China-led alternative spaces will have some impact, but no robust alternative vision will emerge. Significant legal innovations from the South depart from the mainstream neoliberal model, but these countries are driven by pragmatism and strategic self-interest and not a common ideological orientation, nor do they intend to fully dismantle the current ordering. In this book, Sonia E. Rolland and David M. Trubek predict a more pluralistic world, which is neither the continued hegemony of neoliberalism nor a full blown alternative to it.

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