International Settlement of Trade and Investment Disputes Over Chinese ‘Silk Road Projects’ Inside the European Union

E. Petersmann
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引用次数: 4

Abstract

International trade, competition, investment, social and environmental laws need new rules in order to better take into account the risks of market failures and governance failures (including climate change) in relations between neoliberal economies (e.g. in Africa, the Americas and Asia), state-capitalist economies (e.g. in China and many of its Asian BRI partner countries) and ordo-liberal economies (e.g. in Europe). The more globalisation transforms national into transnational public goods (PGs) (like transnational connectivity among BRI countries, climate stability) which no state can unilaterally protect without international law and cooperation, the more multilevel governance of transnational PGs requires multilevel protection of transnational rule of law; also the legitimacy of economic, financial and investment cooperation in the implementation of BRI projects depends on rules-based legal frameworks, impartial dispute settlement procedures, predictability and compliance of governance with the ‘rule of law’.
欧盟内部关于中国“丝绸之路项目”贸易和投资争端的国际解决
国际贸易、竞争、投资、社会和环境法律需要新的规则,以便更好地考虑到新自由主义经济体(如非洲、美洲和亚洲)、国家资本主义经济体(如中国及其许多亚洲一带一路伙伴国)和秩序自由主义经济体(如欧洲)之间关系中市场失灵和治理失灵(包括气候变化)的风险。全球化越是将国家公共产品转变为跨国公共产品(如“一带一路”沿线国家之间的跨国互联互通、气候稳定),没有国际法和合作,任何国家都无法单方面保护这些公共产品,跨国公共产品的多层次治理就越需要跨国法治的多层次保护;此外,在实施“一带一路”项目过程中,经济、金融和投资合作的合法性取决于基于规则的法律框架、公正的争端解决程序、可预测性和对“法治”治理的遵守。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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