Constitutionalizing Economic Globalization
Investment Rules and Democracy's Promise
By (author) David Schneiderman
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Constitutionalizing Economic Globalization by David Schneiderman
Book DescriptionAre foreign investors the privileged citizens of a new constitutional order that guarantees rates of return on investment interests? Schneiderman explores the linkages between a new investment rules regime and state constitutions - between a constitution-like regime for the protection of foreign investment and the constitutional projects of national states. The investment rules regime, as in classical accounts of constitutionalism, considers democratically authorized state action as inherently suspect. Despite the myriad purposes served by constitutionalism, the investment rules regime aims solely to enforce limits, both inside and outside of national constitutional systems, beyond which citizen-driven politics will be disabled. Drawing on contemporary and historical case studies, the author argues that any transnational regime should encourage innovation, experimentation, and the capacity to imagine alternative futures for managing the relationship between politics and markets. These objectives have been best accomplished via democratic institutions operating at national, sub-national, and local levels.
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Book DetailsISBN: 9780521692038
(228mm x 152mm x 21mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 27-Mar-2008
Country of Publication: United Kingdom
Books By Author David Schneiderman
Resisting Economic Globalization, Paperback (November 2015)» View all books by David Schneiderman
Is economic globalization irresistible? One of its main effects has been to shield financiers and investors from democratic processes deemed out-of-sync with powerful economic interests. This book is an inquiry into the ways by which citizens and states may be able to undo some of these constraints imposed by transnational legality.
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Author Biography - David Schneiderman
David Schneiderman is Professor of Law and Political Science at the University of Toronto Faculty of Law.
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