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Global value chains, development and the long duree of trade and investment Law

Alessandrini, Donatella (2022) Global value chains, development and the long duree of trade and investment Law. Leiden Journal of International Law, . ISSN 0922-1565. (doi:10.1017/S0922156522000255) (KAR id:93147)

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Abstract

This article takes issue with the assumption the policy research literature, specifically that produced by the World Trade Organization (WTO), makes about the role of law as one which is mainly reactive to an exogenous economic reality, that of value chain trade. It argues instead that law has played a much more active role, shaping the socalled fragmentation and fractionalization of production that has led to the proliferation of Global Value Chains (GVCs). By tracing the evolution of post/colonial international economic law, the article shows how trade and investment provisions in particular have been (and still are) an important terrain over which the relationship between companies and states is articulated, with important consequences for all actors involved in GVCs. If this active role is acknowledged then law can be seen not only as contributing, together with other market-making mechanisms, to the making of those economic processes it is assumed to only respond to, but also as a means through which these processes can be shaped otherwise.

Item Type: Article
DOI/Identification number: 10.1017/S0922156522000255
Uncontrolled keywords: International Economic Law, PTAs/DTAs, WTO, Post/colonial law, Structural inequalities
Subjects: K Law
Divisions: Divisions > Division for the Study of Law, Society and Social Justice > Kent Law School
Depositing User: Donatella Alessandrini
Date Deposited: 11 Feb 2022 14:50 UTC
Last Modified: 04 Jul 2023 13:51 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/93147 (The current URI for this page, for reference purposes)

University of Kent Author Information

Alessandrini, Donatella.

Creator's ORCID: https://orcid.org/0000-0003-4198-3958
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