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The Asian Yearbook of International Economic Law (AYIEL) 2023 addresses the rapidly evolving field of international economic law with a special focus on Asia and the Pacific. This region has long been and remains a major engine of the world economy; at the same time, it is characterized by a host of economies with varying developmental levels, economic policies and legal jurisdictions. The AYIEL 2023 therefore focuses on international economic law, especially on security and industrial policy.

This book comprehensively investigates the rationale and effects of the first multilateral agreement on investment facilitation for development, including the interests of key WTO members. It adopts a multidisciplinary, transregional and data-driven approach to explore the political, economic and legal aspects pertaining to the most recent WTO agreement. The book highlights how this agreement broadens the scope of the WTO to the contentious area of foreign investment and adopts the innovative facilitation approach. The book presents cutting-edge research on the (non-)adoption of investment...