A Contemporary Concept of Monetary Sovereignty

Claus D. Zimmermann (Associate, Sidley Austin LLP)

$283

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Oxford University Press
05 October 2013

International finance; International trade; Jurisdiction & immunities; International economic & trade law

Series: Oxford Monographs in International Law

Monetary sovereignty is a crucial legal concept dictating that states have sovereignty over their own monetary, financial, and fiscal affairs. However, it does not feature as part of any key instruments of international law, including the Articles of Agreement of the International Monetary Fund. Rather, it has remained a somewhat separate notion, developed under contemporary international law from an assertion of the former Permanent Court of International Justice in 1929. As a consequence of globalization and increasing financial integration and a worldwide trend towards the creation of economic and monetary unions, the principle of monetary sovereignty has undergone significant change. This book examines this evolution in detail, and provides a conceptual framework to demonstrate what this means for the legal and economic challenges faced by the international community.

The book examines the historic origins and evolution of the concept of monetary sovereignty, putting it into the context of broader concepts of sovereignty. It argues that monetary sovereignty remains relevant as a dynamic legal concept with both positive and normative components. It investigates the continuing hybridization of international monetary law resulting from changes to its formal and material sources. It then examines the complex phenomenon of exchange rate misalignment under international monetary and trade law, and the increasing regionalization of monetary sovereignty, notably in light of the European sovereign debt crisis. Finally, it assesses the role the concept of monetary sovereignty can play in the reorganization of international finance following the recent global financial crisis.

By: Claus D. Zimmermann (Associate Sidley Austin LLP)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Dimensions: Height: 241mm, Width: 162mm, Spine: 22mm
Weight: 1g
ISBN: 9780199680740
ISBN 10: 0199680744
Series: Oxford Monographs in International Law
Pages: 292
Publication Date: 05 October 2013
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Introduction 1: A Revision of the International Law Concept of Monetary Sovereignty 2: The Increasing Hybridization of International Monetary Law 3: Exchange Rate Misalignment and International Law 4: The Increasing Regionalization of Monetary Sovereignty 5: The Reorganization of the International Financial Architecture in the Wake of the Great Recession Conclusion

Dr. Claus D. Zimmermann is both a lawyer and an economist. He holds a doctorate in public international law from the University of Oxford, an LL.M. from Yale Law School as well as master's degrees in economics and law from the University of Paris Panthéon-Sorbonne. He has been a visiting researcher in Stanford's John M. Olin Program in Law and Economics and a visiting fellow at the Institute of International Economic Law at Georgetown University as well as at Harvard's Department of Government. During his time at Oxford, Dr. Zimmermann taught European competition law and policy and public international law. Dr. Zimmermann is currently working as an associate for the international trade and arbitration practice of Sidley Austin LLP in Geneva. He advises governments and private stakeholders on international trade matters, with a particular emphasis on dispute settlement under the auspices of the World Trade Organization. In addition, he focuses on European trade and competition law and policy. His prior experience in the practice of international law includes working for the WTO Appellate Body Secretariat, the IMF Legal Department, UNCITRAL, the International Treaties Division of the German Federal Ministry of Justice and the Permanent Representation of Germany to the European Union. Dr. Zimmermann's research on international economic law has been published in leading journals such as the American Journal of International Law and the European Journal of International Law.