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

303 Pages·2023·3.139 MB·English

by  Paul B. Stephan

the world crisis and international law
Theknowledgeeconomy,aseemingwonderfortheworld,hascausedunintended
harmsthatthreatenpeaceandprosperityandundointernationalcooperationand
theinternationalruleoflaw.Theworldfacesthreatsofwar,pandemics,growing
domestic political discord, climate change, disruption of international trade and
investment,immigration,andthepollutionofcyberspace,justasinternationallaw
increasinglyfallsshortasatoolformanagingthesechallenges.Prosperitydependent
onmeritocracy,openborders,internationaleconomicfreedom,andawide-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.Partoftheanswertothesechallenges,PaulB.Stephanargues,mustinclude
are-conceptionofinternationallawasarisingoutofpragmaticandlimitedexperi-
mentsbystates,ratherthanasgrandprojectstoremakeandredeemtheworld.
PaulB.Stephan,theJohnC.Jeffries,Jr.,DistinguishedProfessorofLaw,DavidH.
Ibbeken’71ResearchProfessorofLaw,andSeniorFellowoftheMillerCenterof
Public Affairs at the University of Virginia, has taught and written about inter-
nationallawandtheworldeconomyforoverfortyyears.Besideshisacademiclife
intheUnitedStates,hehaslecturedandpublishedinChina,Russia,theUnited
Kingdom, France, Germany, Switzerland, Austria, Georgia, Montenegro,
Australia, Mexico, Brazil, and Israel. He also served in the US Departments of
theTreasury,State,andDefense,andadvisedtheIMF,theWorldBank,andthe
OECD.
Published online by Cambridge University Press
Published online by Cambridge University Press
The World Crisis and International Law
the knowledge economy and the battle for
the future
PAUL B. STEPHAN
University ofVirginia
Published online by Cambridge University Press
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title:Theworldcrisisandinternationallaw:theknowledgeeconomyandthebattleforthe
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description:Cambridge,UnitedKingdom;NewYork,NY:CambridgeUniversityPress,2023.
|Includesbibliographicalreferencesandindex.
identifiers:lccn2022044743(print)|lccn2022044744(ebook)|isbn9781009320979
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Contents
List of Figures page ix
Preface xi
List of Abbreviations xiii
1 TheCrisis Arrives 1
part i the rise and fall of liberal internationalism
and the new world order
2 TheEnd of Communism and the Embrace of the Washington
Consensus (1989–2000, Part I) 21
3 New InternationalOrganizationsand Their Ambitions
(1989–2000, Part II) 42
4 Cracksin the Foundation and System Shocks:Terror, the Great
Recession, and the Arab Spring (2000–15) 63
5 CrisesComein Waves: NationalPopulism, the Poisoning of
Cyberspace, a New Cold War, and the Pandemic (2015–21) 81
part ii the knowledge economy: world conquest and
creative destruction
6 Knowledge, TechnologicalInnovation,and Wealth 103
7 LawandtheKnowledgeEconomy:WhattheWinnersWant 137
8 Losing and Location in the KnowledgeEconomy:
TheViewfromtheHinterlandsandtheChineseAlternative 166
vii
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viii Contents
part iii battlegrounds
9 InternationalSecurity,CyberDisruption,andHumanRights 191
10 Immigration 208
11 Trade and Investment 219
12 The Treason of the Clerks:Judicial Revolts against
International Law 235
part iv international law futures
13 Dancing along the Precipice 253
14 What May Endure 266
15 Conclusion 280
Index 283
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Figures
1.1 The West: states sanctioning Russia for its invasion
of Ukraine page2
1.2 The South:states that did not join the UN General
AssemblyResolution condemning the Russian invasion 2
2.1 Russian President Boris Yel’tsin addresses the crowd standing
atop of a tank in front ofthe Russian government building,
August19,1991 24
2.2 AChineseman standsalone toblock a line oftanks heading
east on Beijing’s Changan Blvd. inTiananmen Square,
June 5,1989 25
3.1 European integration 53
4.1 “The Hooded Man,”Abu Ghraib 2003 70
6.1 Shippingcontainer 109
6.2 GDP per capita, IMF,2021 110
6.3 GDP per capita 110
6.4 Exports/GDP 111
6.5 FDI outflow 112
6.6 Gini index 113
6.7 iPhone 12components 123
ix
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