Global Values and International Trade Law

This book explores the relationship between economic interests and normative non-trade values, arguing that their interaction has led to the evolution of international trade. It demonstrates that trade can only operate smoothly if framed by an architecture of normative value standards and that further development requires cooperation in non-trade areas.

Format: Paperback / softback
Length: 256 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd

Exploring the intricate relationship and interplay between economic interests and normative non-trade values, this comprehensive book makes a compelling argument that the emergence and development of non-trade values are intricately linked to a complex dialectic interaction between selfish economic interests and normative values. It delves into the mechanisms by which their structural interdependence has fostered a remarkable evolution in international trade. Rather than viewing this relationship as purely value-driven or purely economic-interest-driven, the book adopts a synthesizing approach to examine the emergence, functions, and roles of non-trade values in international trade. It explores the outcomes of their interaction in the global economic sphere, shedding light on the complex dynamics that shape international economic intercourse. By approaching the non-trade issues of trade in a holistic manner, the book demonstrates that trade can function smoothly only when it is framed by an architecture of normative value standards. Moreover, it highlights that international trade liberalization has reached a stage where further development necessitates cooperation in areas that may initially appear to be non-trade in nature. This book is a valuable resource for scholars, policymakers, and anyone interested in understanding the complex dynamics of international trade and the role of non-trade values in shaping global economic outcomes.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032137544