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Vol 23 No 2 Feb/March 2018

Book of the Month

Cover of The UK Supreme Court Yearbook Volume 8: 2016-2017 Legal Year

The UK Supreme Court Yearbook Volume 8: 2016-2017 Legal Year

Edited by: Daniel Clarry
Price: £120.00

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Between Interests and Law: The Politics of Transnational Commercial Disputes

ISBN13: 9781107083622
Published: August 2015
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £82.00

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We could not have a global economy without a system to resolve commercial disputes across borders, but the international regime that performs this key role bears little resemblance to other institutions underpinning the global economy. A hybrid of private arbitral institutions, international treaties, and domestic laws and courts, the regime for commercial dispute resolution shows that effective transborder institutions can take a variety of forms.

This book offers the first comprehensive social scientific account of this surprisingly effective regime. It maps and explains its evolution since the Industrial Revolution, both at the global level and in the United States, Argentina, and China.

The book shows how both political economy approaches and socio-legal theories have shaped institutional outcomes. While economic interests have been the chief determinants, legal processes have played a key role in shaping the form institutions take. The regime for commercial dispute resolution therefore remains between interests and law.

Arbitration and Dispute Resolution
1. Introduction
2. The past and present regime for transborder commercial disputes
3. Institutions between interests and law
4. The intergovernmental regime: from interests to law over a century
5. The United States
6. Argentina
7. China
8. Conclusion.