Trade & Economic Law

The quote of the day, from Japan's failed bid for the 2022 FIFA World Cup (which went to Qatar, much to the surprise of the Americans): Japan, probably the biggest outsider, threw the longest Hail Mary, suggesting it would beam the games into stadiums all around the world in 3D, digitally replicating the games live in the foreign stadiums....

This Google published an extremely useful and interesting white paper on the 21st-century Internet trade agenda. The basic argument is that the Internet will never reach its full potential if governments continue to impose restrictions on the free flow of information. The statistics included in the report are amazing. Online traffic has increased by 66 percent in the past five...

In the past twenty years the world of investment arbitration has taken the commercial world by storm. There are over 2,750 bilateral investment treaties and almost every one of them has an arbitration provision. Investment arbitration is now a prominent feature of the arbitration landscape. Just as BITs have proliferated in recent years, so too have free...

Last week I had the privilege to attend an investment arbitration conference and FDI moot court competition at Pepperdine. Kudos to Murdoch University of Australia for winning the competition and my alma mater NYU for winning the highest overall ranking. There was much to ponder in the conference from the likes of Andrea Bjorkland, Todd Weiler, Anna Joubin-Bret...

On behalf of all of us at Opinio Juris, I am delighted to announce that John Louth of Oxford University Press will be blogging with us this week.  John joined OUP in 1997 and is now Editor-in-Chief of Academic Law, covering books, journals, and online services. He graduated from Cambridge with an undergraduate degree in law and philosophy and with...

If passed, the House bill, "Currency Reform for Fair Trade Act" (H.R. 2378) has all the markings of a major trade battle before the WTO. At bottom, the law requires the United States administrative agencies to treat currency manipulation as a subsidy that would be subject to countervailing duties equal to the benefit to exporters conferred by the manipulation. The...

A while back I wrote a sort post on the violent political economy of rare earth elements, also known as REE's. A recent Congressional Research Service report (.pdf is here) describes the central (and until recently under-reported) role of REE's in the modern economy and national security infrastructure: Some of the major end uses for rare earth elements include use in automotive...

The IISD’s paper on transparency I mentioned this morning demonstrates why the investment regime is globalization’s Rorschach test. Recent scholarship (most prominently the work of one of the participants at Barcelona, York University Professor Gus Van Harten (see, e.g., “A Case for an International Investment Court,” available here) contends that investor-state arbitration is nothing like the commercial arbitration between private...

The opportunity to guest blog on Opinio Juris is most appreciated. It is almost like having the ASIL Presidency forum all over again.  My first topic emerges from a conference hosted by the Canadian-based Institute for Sustainable Development in Barcelona in July 2010. The Institute invited a number of practitioners and scholars to address the topics of transparency and independence in...

The U.S. Congress is just about to have their much-dreaded midterm elections, and they will probably not do much before November 2 except to spend millions of dollars on annoying campaign ads.  But it looks like before they break for the election, Congress may vote on two bills that may violate U.S. obligations under the WTO and NAFTA. First, Congress is...