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The right to regulate and the interpretation of the WTO Agreement 《WTO协定》的监管权与解释
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-07-25 DOI: 10.1093/jiel/jgad024
A. Mitchell
In contrast to international investment tribunals, World Trade Organization (WTO) adjudicators have been reluctant to acknowledge the inherent right to regulate under international law explicitly. Policy-based considerations arising from such a right have not been viewed as a standalone component under interpretive analyses in WTO dispute settlement. Instead, they have been integrated only to the extent they find expression in the treaty. This article explores how, on occasion, WTO adjudicators have departed from this orthodox approach by choosing to proactively interpret the WTO Covered Agreements in a way that presupposes a States’ right to regulate, even where this may seem contrary to, or unsupported by, the treaty text. In these cases, the question has not been whether such a right subsists within substantive WTO disciplines, but rather how such a right can be read into these disciplines in a manner that comports with the ordinary rules of treaty interpretation. While this unorthodox approach has resulted in interpretations that appear unclear and uncertain, these outcomes are ultimately explicable in terms of a general principle of regulatory autonomy that can form the basis for more principled interpretive choices.
与国际投资法庭不同,世界贸易组织(世贸组织)的裁决者一直不愿明确承认根据国际法进行监管的固有权利。在世贸组织争端解决的解释性分析中,这种权利产生的基于政策的考虑并没有被视为一个独立的组成部分。相反,它们只是在条约中有所体现的范围内才被纳入其中。这篇文章探讨了世贸组织的裁决者有时是如何偏离这一正统方法的,他们选择以国家有权监管的方式积极解释世贸组织涵盖的协议,即使这似乎与条约文本相悖或没有得到条约文本的支持。在这些情况下,问题不在于这种权利是否存在于世贸组织的实质性纪律中,而在于如何以符合条约解释的一般规则的方式将这种权利理解为这些纪律。虽然这种非正统的方法导致了看似不明确和不确定的解释,但这些结果最终可以根据监管自主权的一般原则来解释,这可以成为更有原则的解释选择的基础。
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引用次数: 0
Last year’s model? Investment arbitration, negotiation, and the gap between Model BITs and IIAs 去年的模型?投资仲裁、谈判以及双边投资条约范本与国际投资协定之间的差距
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-06-07 DOI: 10.1093/jiel/jgad021
Yoram Z. Haftel, Morr Link, Tomer Broude
With more than 3000 international investment agreements (IIAs) worldwide, states negotiate similar agreements multiple times with numerous partners. Accordingly, many states have developed template agreements known as ‘Model bilateral investment treaties (BITs)’. Nevertheless, concluded IIAs commonly deviate from the corresponding Model BITs, albeit to varying degrees. Investigating this variation, we examine the impact of Model Countries and their Partner Countries’ investor–state dispute settlement (ISDS) experience. Specifically, we argue that the Model Country adopts changes sought by the Partner Country during the negotiation process in order to accommodate the latter’s preferences, which were shaped by lessons learned from ISDS cases. Empirically, we introduce novel measures of divergence between Model BITs and IIAs, based on the concept and scheme of state regulatory space, with respect to several key aspects of investment rules. Coding a large number of Model BITs and IIAs on these variables and controlling for a host of alternative explanations, we find that the higher number of investment claims filed against the Partner Country, but not the Model Country, is associated with greater divergence between the Model Country’s Model BITs and its IIAs. This effect is especially noticeable with respect to important substantive investment rules.
全球有3000多个国际投资协议,各国与众多合作伙伴多次谈判类似协议。因此,许多国家制定了被称为“双边投资条约范本”的模板协议。然而,缔结的国际投资协定通常偏离相应的双边投资条约范本,尽管程度不同。通过调查这种变化,我们考察了示范国家及其伙伴国家投资者-国家争端解决(ISDS)经验的影响。具体而言,我们认为,示范国在谈判过程中采用了伙伴国寻求的变化,以适应后者的偏好,而后者的偏好是由ISDS案例中的经验教训形成的。根据经验,我们在国家监管空间的概念和方案的基础上,就投资规则的几个关键方面,引入了衡量双边投资条约范本和国际投资协定之间差异的新措施。根据这些变量对大量的双边投资条约范本和国际投资协定进行编码,并控制大量的替代解释,我们发现,针对合作伙伴国(而非示范国)提出的投资索赔数量越高,示范国的双边投资协定范本与其国际投资协定之间的差异就越大。这种影响在重要的实质性投资规则方面尤其明显。
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引用次数: 0
Correction to: International Economic Law in the ‘Asian Century’ 修正:“亚洲世纪”的国际经济法
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-06-03 DOI: 10.1093/jiel/jgad022
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引用次数: 0
Neoliberalism, Ordoliberalism and the Future of Economic Governance 新自由主义、新自由主义与经济治理的未来
1区 社会学 Q1 Social Sciences Pub Date : 2023-05-30 DOI: 10.1093/jiel/jgad020
Ernst-Ulrich Petersmann
Journal Article Neoliberalism, Ordoliberalism and the Future of Economic Governance Get access The Oxford Handbook of Ordoliberalism. By THOMAS BIEBRICHER, WERNER BONEFELD, and PETER NEDERGAARD, Oxford: Oxford University Press, 2022. 592pp. ISBN 9780198861201 Ernst-Ulrich Petersmann Ernst-Ulrich Petersmann Search for other works by this author on: Oxford Academic Google Scholar Journal of International Economic Law, jgad020, https://doi.org/10.1093/jiel/jgad020 Published: 30 May 2023 Article history Editorial decision: 15 May 2023 Received: 15 May 2023 Accepted: 15 May 2023 Corrected and typeset: 30 May 2023 Published: 30 May 2023
新自由主义,秩序自由主义和经济治理的未来获取牛津秩序自由主义手册。作者:托马斯·比布里歇尔、沃纳·伯恩费尔德和彼得·尼德加德,牛津:牛津大学出版社,2022年。592页。作者其他著作检索:牛津学术谷歌学者国际经济法期刊,jgad020, https://doi.org/10.1093/jiel/jgad020出版日期:2023年5月30日文章历史编辑决定:2023年5月15日收稿日期:2023年5月15日接受日期:2023年5月15日校正排版:2023年5月30日出版日期:2023年5月30日
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引用次数: 0
China’s recognition and enforcement of foreign securities judgments against overseas-listed Chinese companies 中国承认和执行外国证券对海外上市中国公司的判决
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-05-26 DOI: 10.1093/jiel/jgad019
R. Huang, W. Gu
Over the past decades, a growing number of Chinese companies have been listed overseas, notably in the USA and Hong Kong. They are subject to the securities regulation of listing places and can be sued thereunder against their securities misconduct. As overseas-listed Chinese companies usually have their main assets located in China, it is important that Chinese courts recognize and enforce foreign securities judgments. However, there are many difficulties in this area, which undermine the efficacy of the regulation of cross-border securities transactions. In quest of solutions, this article assesses the possibility of suing Chinese companies in the offshore financial centres where they are incorporated, finding that there would be similar issues with judgment enforcement in China. It also examines the viability of using arbitration as an alternative, arguing that arbitration may only supplement, rather than substituting, court litigation for resolving securities disputes. China should consider signing a bilateral treaty with the USA, clarifying the principle of reciprocity, and ratifying the 2005 Hague Choice of Court Convention and even the 2019 Hague Judgment Convention. Hong Kong is also advised to expand its current judgment recognition arrangement with Mainland China to cover securities judgments and join the relevant international conventions.
在过去的几十年里,越来越多的中国公司在海外上市,尤其是在美国和香港。他们受到上市地证券监管的约束,并可能因其证券不当行为而被起诉。由于在海外上市的中国公司的主要资产通常位于中国,中国法院承认和执行外国证券判决很重要。然而,这方面存在许多困难,削弱了跨境证券交易监管的效力。为了寻求解决方案,本文评估了在离岸金融中心起诉中国公司的可能性,发现在中国执行判决也会存在类似问题。它还审查了使用仲裁作为替代方案的可行性,认为仲裁只能补充而不是取代解决证券纠纷的法院诉讼。中国应考虑与美国签署双边条约,明确互惠原则,批准2005年《海牙法院选择公约》,甚至2019年《海牙判决公约》。香港亦应扩大目前与中国内地的判决承认安排,以涵盖证券判决,并加入有关国际公约。
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引用次数: 0
Narratives of Globalization and the Pitfalls of Neutrality: A Brief Critique of Six Faces of Globalization 全球化的叙事与中立的陷阱:对全球化的六个侧面的简要批判
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-05-22 DOI: 10.1093/jiel/jgad018
Paolo Vargiu
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引用次数: 0
What Role for the WTO in Disciplining China’s State-Dominated Economy? WTO在约束中国国家主导的经济中扮演什么角色?
1区 社会学 Q1 Social Sciences Pub Date : 2023-05-18 DOI: 10.1093/jiel/jgad017
Jennifer Hillman
Journal Article What Role for the WTO in Disciplining China’s State-Dominated Economy? Get access Between Market Economy and State Capitalism: China’s State-Owned Enterprises and the World Trading System. By HENRY GAO and WEIHUAN ZHOU, Cambridge University Press, 2022. ISBN 9781108908795. DOI: https://doi.org/10.1017/9781108908795 Jennifer Hillman Jennifer Hillman Search for other works by this author on: Oxford Academic Google Scholar Journal of International Economic Law, Volume 26, Issue 3, September 2023, Pages 614–618, https://doi.org/10.1093/jiel/jgad017 Published: 18 May 2023 Article history Editorial decision: 21 April 2023 Received: 21 April 2023 Accepted: 22 April 2023 Corrected and typeset: 18 May 2023 Published: 18 May 2023
WTO在约束中国国有主导经济中扮演什么角色?市场经济与国家资本主义之间的准入:中国国有企业与世界贸易体系。高享利、周卫焕著,剑桥大学出版社,2022年。ISBN 9781108908795。DOI: https://doi.org/10.1017/9781108908795 Jennifer Hillman Jennifer Hillman本文作者的其他作品搜索:牛津学术谷歌学者国际经济法杂志,第26卷,第3期,2023年9月,614-618页,https://doi.org/10.1093/jiel/jgad017出版:2023年5月18日文章历史编辑决定:2023年4月21日收到:2023年4月21日接受:2023年4月22日校正和排版:2023年5月18日出版:2023年5月18日
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引用次数: 0
Anti-deforestation npr-PPMs and Carbon Border Measures: Thinking About the Chapeau of Article XX GATT in Times of Climate Crisis 反毁林npr-PPMs与碳边界措施:气候危机时期对GATT第20条开头部分的思考
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-05-15 DOI: 10.1093/jiel/jgad016
Giulia Claudia Leonelli
This article enquires into the extent to which the elusive Chapeau of Article XX of the General Agreement on Tariffs and Trade (GATT) may constrain the ability of regulating Members to tackle environmental externalities via unilateral regulatory action. It employs an analysis of recent European Union regulatory measures to assess the rationale of different ‘indicators’ of compliance with the Chapeau and unpack their implications. The article illustrates that a good faith–centred interpretation of the Chapeau criteria helps identify aspects in the practical application of a measure that may afford protection to domestic products or result in country-based discrimination. It also preserves the margins of action of regulating Members and can improve the regulatory design and environmental effectiveness of unilateral measures. An expansive interpretation of ‘situational’ discrimination and ‘coercion’, by contrast, captures significant distortions of competitive opportunities between ‘like’ products, broadening market access and stretching the Chapeau beyond a good faith–centred focus. Furthermore, this interpretative approach can indirectly impact the regulatory design of the measures and undermine their environmental effectiveness. Against this backdrop, the article argues that the dispute settlement organs should carefully delimit the scope of the Chapeau conditions and adhere to a good faith–centred interpretative approach.
本文探讨了关税与贸易总协定(GATT)第20条难以捉摸的序言可能在多大程度上限制监管成员通过单方面监管行动解决环境外部性的能力。它采用了对最近欧盟监管措施的分析,以评估遵守《细则》的不同“指标”的基本原理,并揭示其含义。该条说明,对《序言》标准的以诚信为中心的解释有助于确定在实际适用一项措施时可能对国内产品提供保护或导致基于国家的歧视的方面。它还保留了监管成员的行动余地,并可以改善单边措施的监管设计和环境有效性。相比之下,对“情境”歧视和“强迫”的广义解释抓住了“类似”产品之间竞争机会的重大扭曲,扩大了市场准入,并将《引言》延伸到以诚信为中心的焦点之外。此外,这种解释方法可能间接影响措施的监管设计并破坏其环境有效性。在此背景下,该条认为,争端解决机构应仔细划定《序言》条件的范围,并坚持以诚信为中心的解释办法。
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引用次数: 0
International Economic Law in the ‘Asian Century’ “亚洲世纪”的国际经济法
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-05-12 DOI: 10.1093/jiel/jgad013
E. Petersmann
The current non-compliance with United Nations (UN) and World Trade Organization (WTO) agreements protecting transnational public goods, military aggression among WTO members, violent suppression of human and democratic rights, global health pandemics, climate change, ocean pollution, overfishing, and other biodiversity losses reflects ‘governance failures’ (e.g. to limit ‘market failures’) and ‘constitutional failures’ (e.g. to protect human and democratic rights and the sustainable development goals). The geopolitical rivalries among totalitarian governments and democracies render constitutional UN and WTO reforms unlikely. They entail ‘regulatory competition’ (e.g. among neoliberalism, state capitalism, and ordo-liberal constitutionalism) and plurilateral responses aimed at limiting abuses of power (like collective countermeasures against Russia’s illegal wars and war crimes) and at protecting transnational public goods (like plurilateral ‘climate change mitigation clubs’, appeal arbitration among WTO members, regional human rights and security agreements). The power politics disrupting the UN and WTO legal systems is bound to promote regionalization of economic law, re-globalization of supply chains, and geopolitical rivalries resulting from conflicting value priorities and neglect for the human rights underlying the sustainable development goals.
目前不遵守联合国(UN)和世界贸易组织(WTO)保护跨国公共产品的协定、世贸组织成员之间的军事侵略、暴力压制人权和民主权利、全球流行病、气候变化、海洋污染、过度捕捞、其他生物多样性的丧失反映了“治理失败”(例如限制“市场失败”)和“宪法失败”(例如保护人权和民主权利以及可持续发展目标)。极权政府和民主国家之间的地缘政治竞争使得联合国和世贸组织的宪法改革不太可能。它们包括“监管竞争”(如新自由主义、国家资本主义和秩序自由宪政主义之间的竞争)和旨在限制权力滥用的诸边反应(如针对俄罗斯非法战争和战争罪行的集体对策)和保护跨国公共产品(如诸边“气候变化减缓俱乐部”、世贸组织成员之间的上诉仲裁、区域人权和安全协议)。破坏联合国和世贸组织法律体系的强权政治必然会促进经济法的区域化、供应链的再全球化,以及由于价值优先事项的冲突和对可持续发展目标背后的人权的忽视而导致的地缘政治竞争。
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引用次数: 0
WTO Rules for Trade with Disputed Territories 世贸组织与争议领土贸易规则
IF 3.1 1区 社会学 Q1 Social Sciences Pub Date : 2023-05-10 DOI: 10.1093/jiel/jgad015
Olia Kanevskaia
The legality of trade with territories over which sovereignty is disputed has recently come to the forefront of policy and academic discussions due to emerging case law and escalating territorial conflicts. While considerations shaping the debate on economic activities with disputed territories are typically informed by concerns of international law, little is known about international trade and customs rules applicable to these regimes. This article aims to fill this literature gap by inquiring into the rules that apply to trade with disputed territories under the relevant World Trade Organization (WTO) Agreements, in particular the General Agreement on Tariffs and Trade, the Agreement on Rules of Origin, and the Agreement on Technical Barriers to Trade. In a broader sense, it contributes to the understanding of interactions between the WTO and other self-containing regimes of international law, illustrating the challenges that arise from their different approaches to territories.
由于新出现的判例法和不断升级的领土冲突,与主权有争议的领土进行贸易的合法性最近成为政策和学术讨论的焦点。虽然形成关于有争议领土经济活动辩论的考虑通常是基于对国际法的关切,但对适用于这些制度的国际贸易和海关规则知之甚少。本文旨在通过探讨世界贸易组织(WTO)相关协定,特别是《关税及贸易总协定》、《原产地规则协定》和《技术性贸易壁垒协定》下适用于与争议领土贸易的规则,填补这一文献空白。从更广泛的意义上讲,它有助于理解世贸组织和其他自给自足的国际法制度之间的互动,说明它们对领土的不同做法所带来的挑战。
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引用次数: 0
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Journal of International Economic Law
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