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Political Economy and Trade and Investment

Somerset House East Wing, Strand Campus , London

13 May
Political Economy and Trade and Investment
Part of Trade and Investment Law Reading Group

This session will focus on the political economy of international economic law, and how such an analysis could remedy certain issues arising in investment and trade law. Indeed, globalisation is often viewed as detrimental to the right of states to regulate or to pursue national policy goals. However, this dichotomous view – opposing international to national interests – is inaccurate. Indeed, some solutions (derived from a political economic analysis of international economic law) could be adopted so as to further both interests - without having the development of one aspect necessarily disrupting the other.


The papers to be discussed are as follows:



  • On political economy and investment law: Aisbett, Emma and Bonnitcha, Jonathan, Compensation under Investment Treaties – As if Host Interests Mattered (November 8, 2018). UNSW Law Research Paper No. 18-80. Available at SSRN:



Additional readings:


  • On assessing the broader regulatory implications of the WTO within nation states: Gregory Shaffer (2015): How the World Trade Organization shapes regulatory governance, in: Regulation and Governance 9 (1), 1-15. Available at SSRN:



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