Autorentext
Bryan Mercurio is the Simon F. S. Li Professor of Law at the Chinese University of Hong Kong. He is co-author of World Trade Law: Text, Materials and Commentary (third edition, 2018), co-editor of International Economic Law after the Global Crisis: A Tale of Fragmented Disciplines (Cambridge, 2015) and author of Drugs, Patents and Policy: A Contextual Study of Hong Kong (Cambridge, 2018).

Klappentext

Explores the IMF's mandate over capital flows and analyses whether capital controls are consistent with international trade and investment agreements.

Zusammenfassung
This book explores the tension between capital controls and international economic law. Does the IMF have the authority to regulate the use of capital controls? Mercurio shows how to test whether a given country's use of capital controls is consistent with their obligations under various trade and investment agreements.

Inhalt

Part I. Key Concepts: Capital Flows and Controls; 1. The Liberalisation of capital flows; 2. Capital flow management, measures; Part II. The IMF, Capital Flows and Controls; 3. Shifting the IMF mandate; 4. The Legality of the IMF's mandate expansion; Part III. Legal Frameworkss, Rules and Conflicts; 5. The multilateral trade framework; 6. Bilateral and regional trade agreements; 7. International investment agreements; 8. Conclusions.