Chapter

International economic law

Ademola Abass

in Complete International Law

Second edition

Published on behalf of Oxford University Press

Published in print August 2014 | ISBN: 9780199679072
Published online October 2014 | e-ISBN: 9780191784651 | DOI: http://dx.doi.org/10.1093/he/9780199679072.003.0018

Series: Complete

International economic law

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This chapter deals with international economic law (IEL). It explains that IEL originated after World War II after the recognition of the need to regulate international trading. It considers the role of the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) in regulating IEL and the role of the International Monetary Fund (IMF) and the World Bank in regulating international finance law. This chapter highlights the importance of IEL in ensuring the health of nations and suggests that the current global financial crisis shows just how important it is to put in place a strong regime of international economic regulation.

Keywords: international economic law; international trading; GATT; World Trade Organization; IMF; World Bank; international finance law; global financial crisis; health of nations; international economic regulation

Chapter.  12766 words. 

Subjects: International Law

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