The World Crisis and International Law: The Knowledge Economy and the Battle for the Future

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Paul B. Stephan, III (University of Virginia)

The World Crisis and International Law

The Knowledge Economy and the Battle for the Future

Paul B. Stephan, III (University of Virginia)

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English

Cambridge University Press
09 February 2023

Public international law

The knowledge economy, a seeming wonder for the world, has caused unintended harms that threaten peace and prosperity and undo international cooperation and the international rule of law. The world faces threats of war, pandemics, growing domestic political discord, climate change, disruption of international trade and investment, immigration, and the pollution of cyberspace, just as international law increasingly falls short as a tool for managing these challenges. Prosperity dependent on meritocracy, open borders, international economic freedom, and a wide-open Internet has met its limits, with international law one of the first casualties. Any effective response to these threats must reflect the pathway by which these perils arrive. Part of the answer to these challenges, Paul B. Stephan argues, must include a re-conception of international law as arising out of pragmatic and limited experiments by states, rather than as grand projects to remake and redeem the world.

By: Paul B. Stephan III (University of Virginia)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 235mm, Width: 157mm, Spine: 21mm
Weight: 570g
ISBN: 9781009320979
ISBN 10: 1009320971
Pages: 296
Publication Date: 09 February 2023
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

1. The crisis arrives; Part I. The Rise and Fall of Liberal Internationalism and the New World Order: 2. The end of communism and the embrace of the Washington Consensus (1989–2000, Part I); 3. New international organizations and their ambitions (1989–2000, Part II); 4. Cracks in the foundation and system shocks: terror, the great recession, and the Arab Spring (2000–15); 5. Crises come in waves: national populism, the poisoning of cyberspace, a new cold war, and the pandemic (2015–21); Part II. The Knowledge Economy: World Conquest and Creative Destruction: 6. Knowledge, technological innovation, and wealth; 7. Law and the knowledge economy: what the winners want; 8. Losing and location in the knowledge economy: the view from the Hinterlands and the Chinese alternative: Part III. Battlegrounds: 9. International security, cyber disruption, and human rights; 10. Immigration; 11. Trade and investment; 12. The treason of the clerks: judicial revolts against international law; Part IV. International Law Futures: 13. Dancing along the precipice; 14. What may endure; 15. Conclusion.

Paul B. Stephan, the John C. Jeffries, Jr., Distinguished Professor of Law at the University of Virginia, has taught and written about international law and the world economy. He has taught and published in China, Russia, Europe, Australia, and Israel. He has also served in the US Departments of the Treasury, State, and Defense, and advised the IMF, the World Bank, and the OECD.

Reviews for The World Crisis and International Law: The Knowledge Economy and the Battle for the Future

'At a time when we try to understand the crises the world is facing, this book digs deep and solves a big part of a puzzle. Knowledge is generally seen as good, but the knowledge economy as the input to globalization may produce undesired consequences. The book does not throw out the baby with the bath water but attempts to save liberal internationalism from itself with concrete proposals for international law and governance. A must-read for anybody seeking solutions to our current crises.' Anne van Aaken, University of Hamburg 'A brilliant account of the economic, social, and political factors contributing to the unraveling of international law and institutions since the heyday of 'liberal internationalism.' Stephan persuasively shows how the accelerating pace of technological change induced by the knowledge economy explains this unraveling, and how nations can spark new forms of international cooperation to respond to global challenges. This book is a must-read for understanding where international law is today.' Jack Goldsmith, Harvard Law School