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Shadow Courts - The Tribunals that Rule Global Trade (Paperback)
Loot Price: R287
Discovery Miles 2 870
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Shadow Courts - The Tribunals that Rule Global Trade (Paperback)
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Loot Price R287
Discovery Miles 2 870
Expected to ship within 12 - 19 working days
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International trade deals have become vastly complex documents,
seeking to govern everything from labor rights to environmental
protections. This evolution has drawn alarm from American voters,
but their suspicions are often vague. In this book, investigative
journalist Haley Sweetland Edwards offers a detailed look at one
little-known but powerful provision in most modern trade agreements
that is designed to protect the financial interests of global
corporations against the governments of sovereign states. She makes
a devastating case that Investor-State Dispute Settlement -- a
"shadow court" that allows corporations to sue a nation outside its
own court system -- has tilted the balance of power on the global
stage. A corporation can use ISDS to challenge a nation's policies
and regulations, if it believes those laws are unfair or diminish
its future profits. From the 1960s to 2000, corporations brought
fewer than 40 disputes, but in the last fifteen years, they have
brought nearly 650 -- 54 against Argentina alone. Edwards conducted
extensive research and interviewed dozens of policymakers,
activists, and government officials in Argentina, Canada, Bolivia,
Ecuador, the European Union, and in the Obama administration. The
result is a major story about a significant shift in the global
balance of power.
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