international economic law
International economic law is a field of international law that encompasses the conduct of sovereign states and international organizations in international economic relations and the conduct of private parties involved in cross-border economic and business transactions. International economic law is an interdisciplinary field encompassing both public and private international law.
International economic law includes the fields of international trade law , international financial law, traditional private international law fields, regional economic integration ( European Union , ASEAN , and other regional trade organizations), international development law, international commercial arbitration , international intellectual property law, and international business regulation .
Key actors in the formation of international economic law include the World Trade Organization (WTO), the Organization for Economic Co-Operation and Development (OECD), the International Center for Settlement of Investment Disputes , the International Chamber of Commerce , and the UN Commission on International Trade Law .
Further resources on international economic law can be found at the Georgetown University Law Center’s Institute of International Economic Law ; the International Economic Law & Policy Blog , a blog by influential international economic law scholars, including Joel Trachtman, Andrew Guzman and Chantal Thomas; the Society of International Economic Law ; and Journal of International Economic Law (Oxford Univ. Press).
[Last reviewed in June of 2023 by the Wex Definitions Team ]
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