Contemporary Concept of Monetary Sovereignty

ISBN-13: 9780199680740 / Angielski / Twarda / 2014 / 304 str.

Claus Zimmermann

Opis

Monetary sovereignty is a crucial legal concept dictating that states have sovereignty over their own monetary, financial, and fiscal affairs. However, it does not feature as part of any key instruments of international law, including the Articles of Agreement of the International Monetary Fund. Rather, it has remained a somewhat separate notion, developed under contemporary international law from an assertion of the former Permanent Court of International Justice in 1929. As a consequence of globalization and increasing financial integration and a worldwide trend towards the creation of economic and monetary unions, the principle of monetary sovereignty has undergone significant change. This book examines this evolution in detail, and provides a conceptual framework to demonstrate what this means for the legal and economic challenges faced by the international community.

O autorze

Dr. Claus D. Zimmermann is both a lawyer and an economist. He holds a doctorate in public international law from the University of Oxford, an LL.M. from Yale Law School as well as master's degrees in economics and law from the University of Paris Panthéon-Sorbonne. He has been a visiting researcher in Stanford's John M. Olin Program in Law and Economics and a visiting fellow at the Institute of International Economic Law at Georgetown University as well as at Harvard's Department of Government. During his time at Oxford, Dr. Zimmermann taught European competition law and policy and public international law. Dr. Zimmermann is currently working as an associate for the international trade and arbitration practice of Sidley Austin LLP in Geneva. He advises governments and private stakeholders on international trade matters, with a particular emphasis on dispute settlement under the auspices of the World Trade Organization. In addition, he focuses on European trade and competition law and policy. His prior experience in the practice of international law includes working for the WTO Appellate Body Secretariat, the IMF Legal Department, UNCITRAL, the International Treaties Division of the German Federal Ministry of Justice and the Permanent Representation of Germany to the European Union. Dr. Zimmermann's research on international economic law has been published in leading journals such as the American Journal of International Law and the European Journal of International Law.