Cambridge University Press Global Lawmakers: International Organizations in the Crafting of World Markets (Cambridge Studies in Law and Society)

Product Description Global lawmaking by international organizations holds the potential for enormous influence over world trade and national economies. Representatives from states, industries, and professions produce laws for worldwide adoption in an effort to alter state lawmaking and commercial behaviors, whether of giant multi-national corporations or micro, small and medium-sized businesses. Who makes that law and who benefits affects all states and all market players. Global Lawmakers offers the first extensive empirical study of commercial lawmaking within the United Nations. It shows who makes law for the world, how they make it, and who comes out ahead. Using extensive and unique data, the book investigates three episodes of lawmaking between the late 1990s and 2012. Through its original socio-legal orientation, it reveals dynamics of competition, cooperation and competitive cooperation within and between international organizations, including the UN, World Bank, IMF and UNIDROIT, as these IOs craft international laws. Global Lawmakers proposes an original theory of international organizations that seek to construct transnational legal orders within social ecologies of lawmaking. The book concludes with an appraisal of creative global governance by the UN in international commerce over the past fifty years and examines prospective challenges for the twenty-first century. Review 'A magnificent book on who makes the commercial law of the world, and how. Beautifully written, its pages present an ethnography of transnational legal orders and insurgent orders. Insider accounts divulge how order evolves in circumstances of intersecting financial, trade and transport complexity. Actors in this amazing story make new legal boundaries, blur boundaries, extend boundaries and constrict them. Block-Lieb and Halliday deftly and evocatively explain dynamic ecologies of global lawmaking. Their research excavates the spaces where inventive global governance can indeed prove possible. This work of rich new insight reveals the processes through which governance is crafted. We learn no less than how the infrastructure of global capitalism is built.' John Braithwaite, Distinguished Professor and Founder, School of Regulation and Global Governance (RegNet), Australian National University, Canberra'We are lucky that this first major social science study of lawmaking by the United Nations Commission on International Trade Law (UNCITRAL) has been produced by scholars of such nuance and breadth. Using ethnographic methods to answer sociological questions, Block-Lieb and Halliday unearth an entire layer of social processes and interactions that inform global law, with major implications for how we understand transnational processes. A masterful illustration of what happens when scholars combine a careful empirical orientation with nimble theory, we learn about the world of global lawmaking and also learn new ways to study it.' Tom Ginsburg, Leo Spitz Professor of International Law, Ludwig and Hilde and Wolf Research Scholar, University of Chicago'This book compellingly addresses the big question of global lawmaking by analyzing the deceptively mundane and seemingly neutral procedures for creating trade law for the world. Block-Lieb and Halliday show that how law is made has far-reaching consequences for what law is made. Sociologists and political scientists committed to explaining the genesis of international laws and global norms must now reckon not only with the relative political or economic status of states and industry, but also with formal and informal processes of deliberation and drafting, cooperation and competition. By showing us how international negotiations work behind closed doors, the book compels scholars and policymakers alike to reconsider who governs, and by what means. This book offers nothing less than new tools for understanding power at the international arena.' Nitsan Chorev, Harmon Family Professor of So