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International Economic Law and the Challenges of the Free Zones is of assistance to the future development of economic zones around the world, offering a critical and comprehensive analysis of the dynamic special economic zone (SEZ) phenomenon across legal, economic, investment, regulatory and policy matrices. SEZs have become a permanent feature of the world trade scene. This book shows how SEZs, albeit established at the domestic level by different countries, raise multiple legal issues under international economic law. This book is the product of the Asia FDI Forum IV held in Hong Kong in 2018. It takes a giant step towards answering the question of whether SEZs fundamentally contradict norms of international law or whether SEZs have to be considered as laboratories which facilitate the implementation of international economic policies.
What’s in this book:
Thoroughly exploring the development of the SEZ phenomenon and its players, the contributing authors (all leading economic law experts) review the issues raised by SEZs in the context of international trade law, international investment law and investment arbitration. They identify the extent to which SEZs have been coherent in their design and policymaking, in particular with regard to domestic law reforms. They address such aspects (both core themes and specific examples) as the following:
How this will help you:
This book’s careful examination of theory and practice and its approach to lessons learned from case studies will reward trade and investment officials, policymakers, diplomats, economists, lawyers, think tanks, business leaders and others interested in this evermore important area of law and economics. Readers who are primarily interested in a specific area of SEZs and/or international investment law and/or international trade law and/or FDI-related policies will find multiple chapters relevant to each particular area.