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Book Forum: Emerging Powers in International Economic Law
March 16 @ 12:00 pm - 1:30 pm
Co-sponsored by Northeastern University School of Law’s Faculty Colloquium and Law Library
Professor Sonia E. Rolland and David Trubek, Voss-Bascom Professor of Law and Dean of International Studies Emeritus, University of Wisconsin-Madison
Emerging Powers in International Economic Law (Cambridge University Press, 2019) (co-author)
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, Professor Sonia Rolland and David Trubek predict a more pluralistic world, which is neither the continued hegemony of neoliberalism nor a full blown alternative to it.