The International Accounting Standards Board (IASB) and its International Financial Reporting Standards (IFRSs), have acquired a central position in the practice and regulation of financial reporting around the world. As a unique instance of a private-sector body setting standards with legal force in many jurisdictions, the IASB's rise to prominence has been accompanied by vivid political debates about its governance and accountability. Similarly, the IASB's often innovative attempts to change the face of financial reporting have made it the centre of numerous controversies. This book traces the history of the IASB from its foundation as successor to the International Accounting Standards Committee (IASC), and discusses its operation, changing membership and leadership, the development of its standards, and their reception in jurisdictions around the world. The book gives particular attention to the IASB's relationships with the European Union, the United States, and Japan, as well as to the impact of the financial crisis on the IASB's work. By its in-depth coverage of the history of the IASB, the book provides essential background information that will enrich the perspective of everyone who has to deal with IFRSs or the IASB at a technical or policy-making level.

International organizations (IOs) matter. This book uncovers the regular working world of IOs, examining whether, to what extent, and how these 'global governing bodies' can act independently of the will of states. This book explores this issue by asking who or what shapes their decisions; how and when decisions are made; how players interact within an IO; and how the interactions vary across IOs. The Working World of International Organizations examines three working groups in the higher echelons of IOs - state representatives, as proxy of states, serving in the Executive Boards or General Councils, chief officers of IOs, and the staff of the permanent secretariat. The book demonstrates that none of them are unified; in each there are contested ideas about strategy and appropriate projects, and analyses their interactions to explain who is able to shape or influence decisions. Six representative IOs are studied to identify the relevant critical determinants that shape the behaviour of players. The volume explores how these players have an impact over three dilemmas that are common to all IOs: priority and agenda setting, financing, and the centralization or decentralization of operations.

From the rising significance of non-state actors to the increasing influence of regional powers, the nature and conduct of international politics has arguably changed dramatically since the height of the Cold War. Yet much of the literature on deterrence and compellence continues to draw (whether implicitly or explicitly) upon assumptions and precepts formulated in-and predicated upon-politics in a state-centric, bipolar world. Coercion moves beyond these somewhat hidebound premises and examines the critical issue of coercion in the 21st century, with a particular focus on new actors, strategies and objectives in this very old bargaining game. The chapters in this volume examine intra-state, inter-state, and transnational coercion and deterrence as well as both military and non-military instruments of persuasion, thus expanding our understanding of coercion for conflict in the 21st century. ? Scholars have analyzed the causes, dynamics, and effects of coercion for decades, but previous works have principally focused on a single state employing conventional military means to pressure another state to alter its behavior. In contrast, this volume captures fresh developments, both theoretical and policy relevant. This chapters in this volume focus on tools (terrorism, sanctions, drones, cyber warfare, intelligence, and forced migration), actors (insurgents, social movements, and NGOs) and mechanisms (trilateral coercion, diplomatic and economic isolation, foreign-imposed regime change, coercion of nuclear proliferators, and two-level games) that have become more prominent in recent years, but which have yet to be extensively or systematically addressed in either academic or policy literatures.

After the Second World War, the General Agreement on Tariffs and Trade (GATT) promoted trade liberalization to help make the world prosperous and peaceful. Francine McKenzie uses case studies of the Cold War, the creation of the EEC and other regional trade agreements, development, and agriculture, to show that trade is a primary goal of foreign policy, a dominant (and divisive) aspect of international relations, and a vital component of global order. She unpacks the many ways in which trade was politicised, and the layers of meaning associated with trade; trade policies, as well as disputes about trade, communicated ideas, hopes and fears that were linked to larger questions of identity, sovereignty, and status. This study reveals how the economic and political dimensions of foreign policy and international engagement intersected, showing that trade was not only instrumentalised in the service of particular policies or relations but that it was also an essential aspect of international relations.

International courts and tribunals are often asked to review decisions originally made by domestic decision-makers. This can often be a source of tension, as the international courts and tribunals need to judge how far to defer to the original decisions of the national bodies. As international courts and tribunals have proliferated, different courts have applied differing levels of deference to those originial decisions, which can lead to a fragmentation in international law. International courts in such positions rely on two key doctrines: the standard of review and the margin of appreciation. The standard of review establishes the extent to which national decisions relating to factual, legal, or political issues arising in the case are re-examined in the international court. The margin of appreciation is the extent to which national legislative, executive, and judicial decision-makers are allowed to reflect diversity in their interpretation of human rights obligations. The book begins by providing an overview of the margin of appreciation and standard of review, recognising that while the margin of appreciation explicitly acknowledges the existence of such deference, the standard of review does not: it is rather a procedural mechanism. It looks in-depth at how the public policy exception has been assessed by the European Court of Justice and the WTO dispute settlement bodies. It examines how the European Court of Human Rights has taken an evidence-based approach towards the margin of appreciation, as well as how it has addressed issues of hate speech. The Inter-American system is also investigated, and it is established how far deference is possible within that legal organisation. Finally, the book studies how a range of other international courts, such as the International Criminal Court, and the Law of the Sea Tribunal, have approached these two core doctrines.

Carolin Anthes investigates how and why the Food and Agriculture Organization of the United Nations (FAO) struggles with systematically integrating a right to food approach in its operations. She analyzes multi-dimensional institutional roadblocks that prevent human rights from being fully mainstreamed. These barriers are shaped by a powerful state of fragmentation and disconnection: a silo culture. The book also offers valuable insights which go beyond the FAO and suggests a fairly unconventional avenue for systemic organizational change in (international) public administrations.

This Handbook aims to provide practical guidance on good treaty practice. It presents a range of examples from the practice of several States and international organisations and explains the actions that need to be taken to create a new treaty, bring it into force, operate it, amend it and wind it up, on both the international and the domestic plane. It also explores what constitutes good treaty practice, and develops generic principles or criteria against which to evaluate these examples. It provides a useful analytical tool to enable each government and international organisation to identify and develop the best treaty practice for their circumstances, recognising that one size does not necessarily fit all. It will be of interest to those working with treaties and treaty procedures in governments, international organisations and legal practice, as well as legal academics and students wishing to gain insight into the realities of treaty practice.

An innovative, interdisciplinary and far-reaching examination of the actual reality of international courts, International Court Authority challenges fundamental preconceptions about when, why, and how international courts become important and authoritative actors in national, regional, and international politics. A stellar group of scholars investigate the challenges that international courts face in transforming the formal legal authority conferred by states into an actual authority in fact that is respected by potential litigants, national actors, legal communities, and publics. Alter, Helfer, and Madsen provide a novel framework for conceptualizing international court authority that focuses on the reactions and practices of these key audiences. Eighteen scholars from the disciplines of law, political science and sociology apply this framework to study thirteen international courts operating in Africa, Latin America, and Europe, as well as on a global level. Together the contributors document and explore important and interesting variations in whether the audiences that interact with international courts around the world embrace or reject the rulings of these judicial institutions. Alter, Helfer, and Madsen's authority framework recognizes that international judges can and often do everything they 'should' do to ensure that their rulings possess the gravitas and stature that national courts enjoy. Yet even when imbued with these characteristics, the parties to the dispute, potential future litigants, and the broader set of actors that monitor and respond to the court's activities may fail to acknowledge the rulings as binding or take meaningful steps to modify their behaviour in response to them. For both specific judicial institutions, and more generally, the book documents and explains why most international courts possess de facto authority that is partial, variable, and highly dependent on a range of different audiences and contexts - and thus is highly fragile. An introduction situates the book's unique approach to conceptualizing international court authority within theoretical debates about the authority of global institutions. International Court Authority also includes critical reflections on the authority framework from legal theorists, international relations scholars, a philosopher, and an anthropologist. The book's conclusion questions a number of widely shared assumptions about how social and political contexts facilitate or undermine international courts in developing de facto authority and political power.

International trade and investment in services are an increasingly important part of global commerce. Advances in information and telecommunication technologies have expanded the scope of services that can be traded cross-border. Many countries now allow foreign investment in newly privatized and competitive markets for key infrastructure services, such as energy, telecommunications, and transport. More and more people are travelling abroad to consume tourism, education, and medical services, and to supply services ranging from construction to software development. In fact, services are the fastest growing components of the global economy, and trade and foreign direct investment (FDI) in services have grown faster than in goods over the past decade and a half.
International transactions, however, continue to be impeded by policy barriers, especially to foreign investment and the movement of service-providing individuals. Developing countries in particular are likely to benefit significantly from further domestic liberalization and the elimination of barriers to their exports. In many instances, income gains from a reduction in protection to services may be far greater than from trade liberalization in goods.
In light of the increasing importance of international trade in services and the inclusion of services issues on the agendas of the multilateral, regional and bilateral trade negotiations, there is an obvious need to understand the economic implications of services trade and liberalization. A Handbook of International Trade in Services provides a comprehensive introduction to the subject, making it an essential reference for trade officials, policy advisors, analysts, academics, and students. Beginning with an overview on the key issues in trade in services and discussion of the GATS, the book then looks at trade negotiations in the service sector, the barriers to trade in services, and concludes by looking at a number of specific service sectors, such as financial services, e-commerce, health services, and the temporary movement of workers.

In conflict-affected regions, delays in international response can have life or death consequences. The speed with which international organizations react to crises affects the prospects for communities to re-establish peace. Why then do some international organizations take longer than others to answer calls for intervention? To answer this question and explore options for reform, Time to React builds on contemporary scholarship with original data on response rates and interview evidence from 50 ambassadors across four leading organizations (AU, EU, OAS and OSCE). The explanation for variation in speed ultimately lies in core differences in institutional cultures across organizations. Although wealth and capabilities can strengthen a peace operation, it is the unspoken rules and social networks of peace and security committees at these organizations that dictate the pace with which an operation is established. This book offers a first analysis of the critical importance of and conditions shaping timeliness of crisis response by international organizations.

Drawing on mainstream and critical theoretical approaches, International Organizations offers a comprehensive examination of international organizations' political and structural role in world politics. This text details the types and activities of international organizations and provides students with the conceptual tools needed to evaluate their effectiveness. Surveying key issue areas from international and human security to trade and the environment, International Organizations looks at present and future possibilities for global governance from a broad range of perspectives. New to the Sixth Edition Focused on the seismic shifts caused by the rise of national populism and the effects on the more liberal institutions of global governance. Fully revised throughout with a feature on the EU in the face of Brexit, the Greek financial crisis, and global migration. Adds a new section on the Arab League, expanded coverage of NGOs, and updates on the Paris Climate Accords. Overhauls the chapter on International Security including expanded coverage of the UN's present and historical role. Includes a new chapter on Regional Security covering NATO and ECOWAS. Provides new case studies on Syria, Ukraine, SDGs, and the global migration crisis, among several others.

'It will change the way you remember the 20th century and read the news in the 21st' Steven Pinker 'A clarion call to preserve law and order across our planet' Philippe Sands 'A fascinating and important book ... given the state of the world, The Internationalists has come along at the right moment' Margaret MacMillan, Financial Times Since the end of the Second World War, we have moved from an international system in which war was legal, and accepted as the ultimate arbiter of disputes between nations, to one in which it was not. Nations that wage aggressive war have become outcasts and have almost always had to give up their territorial gains. How did this epochal transformation come about? This remarkable book, which combines political, legal, and intellectual history, traces the origins and course of one of the great shifts in the modern world. 'Sweeping and yet personable at the same time, The Internationalists explores the profound implications of the outlawry of war. Professors Oona Hathaway and Scott Shapiro enrich their analysis with vignettes of the many individuals (some unknown to most students of History) who played such important roles in this story. None have put it all together in the way that Hathaway and Shapiro have done in this book' Paul Kennedy

Dilemmas from climate change to financial meltdowns make it clear that global interconnectedness is the norm in the twenty-first century. As a result, global governance organizations (GGOs)--from the World Trade Organization to the Forest Stewardship Council--have taken on prominent roles in the management of international affairs. These GGOs create and promulgate rules to address a host of pressing problems. But as "World Rule" reveals, they struggle to meet two challenges: building authority despite limited ability to impose sanctions and maintaining legitimacy while satisfying the demands of key constituencies whose support is essential to a global rulemaking regime.
Through a novel empirical study of twenty-five GGOs, Jonathan GS Koppell provides a clearer picture of the compromises within and the competition among these influential institutions by focusing attention on their organizational design. Analyzing four aspects of GGO organization in depth--representation and administration, the rulemaking process, adherence and enforcement, and interest group participation--Koppell describes variation systemically, identifies patterns, and offers explanations that link GGO design to the fundamental challenge of accountability in global governance.

Grand strategies can be thought of as overall survival strategies of all states. Great powers seek survival against other great powers seeking to undermine their power and position, determining prestige-seeking behavior as psychotic and destructive. Weak states suffer from systemic vulnerabilities and trade whatever political power they have to a great power for economic assistance. If enough weak states support a particular great power, then that great power will become more powerful relative to competitors. This forms an international system fashioned by these transactions.

Fighting for Peace in Somalia provides the first comprehensive analysis of the African Union Mission in Somalia (AMISOM), an operation deployed in 2007 to stabilize the country and defend its fledgling government from one of the world's deadliest militant organizations, Harakat al-Shabaab. The book's two parts provide a history of the mission from its genesis in an earlier, failed regional initiative in 2005 up to mid-2017, as well as an analysis of the mission's six most challenges, namely, logistics, security sector reform, civilian protection, strategic communications, stabilization, and developing a successful exit strategy. These issues are all central to the broader debates about how to design effective peace operations in Africa and beyond. AMISOM was remarkable in several respects: it would become the African Union's (AU) largest peace operation by a considerable margin deploying over 22,000 soldiers; it became the longest running mission under AU command and control, outlasting the nearest contender by over seven years; it also became the AU's most expensive operation, at its peak costing approximately US$1 billion per year; and, sadly, AMISOM became the AU's deadliest mission. Although often referred to as a peacekeeping operation, AMISOM's troops were given a range of daunting tasks that went well beyond the realm of peacekeeping, including VIP protection, war-fighting, counterinsurgency, stabilization, and state-building as well as supporting electoral processes and facilitating humanitarian assistance. Tana Forum Annual Book Launch 2019 Winner.

Globally renowned for its accuracy, consistency and reliability, the Europa World Year Book 2011 is your source for detailed country surveys containing the latest analytical, statistical and directory information for over 250 countries and territories.

For more than eighty years since its first publication, the Europa World Year Book has been the premier source of contemporary political and socio-economic analysis for library reference shelves, offering timely information with a global reach.
Brand new content for 2011 includes:

• a detailed discussion of the political transition in Kyrgyzstan following the uprising of April 2010, including an extensive description of the new constitutional text

• coverage of recent events in Cote d'Ivoire following the disputed presidential election of November 2010, plus information on the return to civilian government following the military coups in Guinea and Niger

• expert analysis of the anti-government uprisings across the Middle East and North Africa and the conflicts in Libya, as well as detailed background information on the political and economic affairs in the affected countries

• 2010 census results for numerous territories, ranging from Oman to the USA, with expanded demographic sections for many countries.

The Europa World Year Book 2011 is also available online as an authoritative and regularly-updated digital resource. For more information, please visit: www.europaworld.com

With rapid globalization, the world is more deeply interconnected than ever before. While this has its advantages, it also brings with it systemic risks that are only just being identified and understood. Rapid urbanization, together with technological leaps, such as the Internet, mean that we are now physically and virtually closer than ever in humanity's history. We face a number of international challenges - climate change, pandemics, cyber security, and migration - which spill over national boundaries. It is becoming increasingly apparent that the UN, the IMF, the World Bank - bodies created in a very different world, more than 60 years ago - are inadequate for the task of managing such risk in the 21st century. Ian Goldin explores whether the answer is to reform the existing structures, or to consider a new and radical approach. By setting out the nature of the problems and the various approaches to global governance, Goldin highlights the challenges that we are to overcome and considers a road map for the future.

The legitimacy of international and regional organizations and their actions is frequently asserted and challenged by states and commentators alike. Their authorisations or conduct of military interventions, their structures of decision-making, and their involvement into what states deem to be domestic matters have all raised questions of legitimacy. As international organizations lack the coercive powers of states, legitimacy is also considered central to their ability to attain compliance with their decisions. Despite the prominence of legitimacy talk around international organizations, little attention has been paid to the practices and processes through which such organizations and their member states justify the authority these organizations exercise - how they legitimise themselves both vis-a-vis their own members and external audiences. This book addresses this gap by comparing and evaluating the legitimation practices of a range of international and regional organizations. It examines the practices through which such organizations justify and communicate their legitimacy claims, and how these practices differ between organizations. In exploring the specific legitimation practices of international organizations, this book analyses the extent to which such practices are shaped by the structure of the different organizations, by the distinct normative environments within which they operate, and by the character of the audiences of their legitimacy claims. It also considers the implications of this analysis for global and regional governance.

This new paperback edition of Justifying Interventions in Africa includes a new preface written by Professor Annika Bjoerkdahl from Lund University. Analysing the UN interventions in Liberia, Burundi and the Congo, Wilen poses the question of how one can stabilize a state through external intervention without destabilizing sovereignty. She critically examines the justifications for international and regional interventions through a social constructivist framework.

Under pressure from globalization, the classical distinction between domestic and international law has become increasingly blurred, spurring demand for new paradigms to construe the emerging postnational legal order. The typical response of constitutional and international lawyers as well as political theorists has been to extend domestic concepts - especially constitutionalism - beyond the state. Yet as this book argues, proposals for postnational constitutionalism not only fail to provide a plausible account of the changing shape of postnational law but also fall short as a normative vision. They either dilute constitutionalism's origins and appeal to 'fit' the postnational space; or they create tensions with the radical diversity of postnational society. This book explores an alternative, pluralist vision of postnational law. Pluralism does not rely on an overarching legal framework but is characterized by the heterarchical interaction of various suborders of different levels - an interaction that is governed by a multiplicity of conflict rules whose mutual relationship remains legally open. A pluralist model can account for the fragmented structure of the European and global legal orders and it reflects the competing (and often equally legitimate) claims for control of postnational politics. However, it typically provokes concerns about stability, power, and the rule of law. This book analyses the promise and problems of pluralism through a theoretical enquiry and empirical research on major global governance regimes, including the European human rights regime, the contestation around UN sanctions and human rights, and the structure of global risk regulation. The empirical research reveals how prevalent pluralist structures are in postnational law and what advantages they possess over constitutionalist models. Despite the problems it also reveals, the analysis suggests cautious optimism about the possibility of stable and fair cooperation in pluralist settings.

China's currency, the renminbi (RMB), has taken the world by storm. The RMB is well on its way to becoming a significant international currency, one that is used widely in international trade and finance. This book documents the RMB's impressive rise, with China successfully adopting a unique playbook for promoting its currency. China's growing economic might, expanding international influence, and the rise of its currency are all intricately connected. The book documents how China's government has tied these goals together, enabling faster progress towards each of them. But there are many pitfalls ahead, both for China's economy and its currency. The book shows how the government has so far navigated its way around domestic and international dangers, but enormous risks still lie ahead. The International Monetary Fund has elevated the RMB to the status of an official reserve currency, a currency that foreign central banks use to keep their rainy day funds. If China plays its cards right, with reforms that put its economy and financial markets on the right track, the RMB is going to become an important reserve currency that could rival some of the traditional reserve currencies such as the euro and the Japanese yen. But this book argues that there are limits to the RMB's ascendance-the hype about its inevitable rise to global dominance is overblown. The Chinese leadership's apparent commitment to financial sector and other market-oriented reforms-coupled with unambiguous repudiation of political, legal, and institutional reforms-sets the RMB on a clear course. It will attain the status of a reserve currency over time but has essentially given up its claim of being seen as a safe haven currency, one that investors turn to for safety. The RMB will erode but not seriously challenge the U.S. dollar's dominance in international finance.

The Court of Justice of the European Union is the busiest court in the world. The second edition of this textbook explores why this is. It examines in detail the interactions between European Union and national institutions, instruments, laws and concepts that make up this unique legal order. It explains the core constitutional and substantive principles that underpin the European Union legal order, and introduces EU law in a detailed, comprehensive way which is both enjoyable and clear to read. It offers an up-to-date and accessible analysis of EU law and avoids technical jargon, providing informed insights on an exciting but challenging subject. Combining a historical perspective with up-to-date examples, it aims to help students appreciate how EU law developed and its continued significance in day-to-day life. This updated edition features new coverage on free movement, online resources plus additional chapters on Article 50 and EU law in the UK after Brexit.

The World Trade Organization was established in the 1990s, superseding the GATT and providing a stronger institutional foundation for international trading arrangement among countries. As an international organization it faces a number of challenges, including achieving agreement over trade in services, bringing in new members from the economies in transition and developing countries, making the strengthened dispute settlement mechanism effective, and bringing about an increasingly open multilateral trading system. This volume analyzes the challenges and opportunities confronting the WTO. Several chapters address the WTO's institutional capacity directly, through such issues as the way national policies may influence or constrain the WTO, the difficulties of achieving coherence with the World Bank and the IMF, and the resources available to the WTO's secretariat in relation to the tasks it faces. Other papers in this volume consider more contemporary policy issues facing the WTO, including how to bring services trade into an open multilateral framework, how dispute settlement mechanisms can be improved, and how other concerns, such as labour standards and environmental issues may be addressed. Two papers focus on the WTO's relationship to developing countries and countries in transition, and an introductory chapter provides an overview of the WTO's operation. The text presumes no technical background in economics.