Emerging Issues in Sustainable Development International Trade Law a

This book seeks to answer the questions: how do the rules of international treaties on trade and investment apply to the new laws and policies relating to energy-related trade, and do the rules of the multilateral system contribute to or detract from sust

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Mitsuo Matsushita Thomas J. Schoenbaum Editors

Emerging Issues in Sustainable Development International Trade Law and Policy Relating to Natural Resources, Energy, and the Environment

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Economics, Law, and Institutions in Asia Pacific

Series Editor Makoto Yano (Professor of Economics, Kyoto University, Japan; President and Chief Research Officer, Research Institute of Economy, Trade and Industry (RIETI), Japan) Editorial Board Members Reiko Aoki (Professor of Economics, Kyushu University, Japan) Youngsub Chun (Professor of Economics, Seoul National University, Republic of Korea) Avinash K. Dixit (John J. F. Sherrerd '52 University Professor of Economics, Emeritus, Princeton University, United States) Masahisa Fujita (Fellow, The Japan Academy, Japan) Takashi Kamihigashi (Professor and Director, Research Institute for Economics and Business Administration (RIEB), Kobe University, Japan) Masahiro Kawai (Project Professor, Graduate School of Public Policy, The University of Tokyo, Japan) Chang-fa Lo (Honourable Justice, The Constitutional Court, Taipei, China) Mitsuo Matsushita (Professor Emeritus, The University of Tokyo, Japan) Kazuo Nishimura (Professor, Research Institute for Economics and Business Administration (RIEB) and Interfaculty Initiative in the Social Sciences (IISS), Kobe University, Japan; Member, The Japan Academy, Japan) Akira Okada (Professor of Economics, Institute of Economic Research, Kyoto University, Japan) Shiro Yabushita (Professor Emeritus, Waseda University, Japan) Naoyuki Yoshino (Dean, Asian Development Bank Institute, Japan; Professor Emeritus, Keio University, Japan)

The Asia Pacific region is expected to steadily enhance its economic and political presence in the world during the twenty-first century. At the same time, many serious economic and political issues remain unresolved in the region. To further academic enquiry and enhance readers’ understanding about this vibrant region, the present series, Economics, Law, and Institutions in Asia Pacific, aims to present cutting-edge research on the Asia Pacific region and its relationship with the rest of the world. For countries in this region to achieve robust economic growth, it is of foremost importance that they improve the quality of their markets, as history shows that healthy economic growth cannot be achieved without high-quality markets. High-quality markets can be established and maintained only under a well-designed set of rules and laws, without which competition will not flourish. Based on these principles, this series places a special focus on economic, business, legal, and institutional issues geared towards the healthy development of Asia Pacific markets. The series considers book proposals for scientific research, either theoretical or empirical, that is related to the theme of improving market quality and has policy implications for the Asia Pacific region. The types of books that will be considered for publication include research monographs as well as relevant proceedings. The series show-cases work by Asia-Pa