Recorded on November 18, 2020.
A New Chinese Economic Law Order?
About the Event:
China powered its way to the top of the global economy by applying a state-led, infrastructure-based development model that is hardly unique. But Professor Gregory Shaffer of UC Irvine School of Law argues that as China enters into strategic partnerships and bilateral agreements to promote its trade and overseas investment, it is incrementally altering the legal architecture of the global economy. It is repurposing key institutions of the Western-led transnational legal order while simultaneously building new ones, thereby moving the world from a centralized legal order to a decentralized one in which it may play a nodal role.
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About the Speaker:
Gregory Shaffer is Chancellor’s Professor of Law at UC Irvine School of Law and Director of the Center on Globalization, Law, and Society. His research focuses on international law and international trade and investment law. He has addressed such topics as transnational legal ordering, legal realism, hard and soft law, comparative institutional analysis, public-private networks in international trade, the rise of China and other emerging economies, and the ways trade and investment law implicate domestic regulation and social and distributive policies. Professor Shaffer has served as vice president of the American Society of International Law, and is on the board of editors of the American Journal of International Law, the Journal of International Economic Law, and AJIL Unbound, and on the advisory board of the Journal of Transnational Environmental Law.