European Yearbook of International Economic Law 2012
The third volume of the European Yearbook of International Economic law focuses on two major topics of current academic and political interest. Firstly, it adresses the 10th anniversary of China's accession to the WTO and its implications; secondly, it de
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Christoph Herrmann
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Jo¨rg Philipp Terhechte
Editors
European Yearbook of International Economic Law 2012
Editors Professor Dr. Christoph Herrmann, LL.M. Chair for Constitutional and Administrative, European Law European and International Economic Law University of Passau Innstraße 39 94030 Passau Germany [email protected]
Dr. Jo¨rg Philipp Terhechte Assistant Professor of Law Chair of Public Law and European Law University of Siegen Ho¨lderlinstr. 3 57068 Siegen Germany [email protected]
ISBN 978-3-642-23308-1 e-ISBN 978-3-642-23309-8 DOI 10.1007/978-3-642-23309-8 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2009932417 # Springer-Verlag Berlin Heidelberg 2012 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Editorial
“All good things go by three”, the saying goes. As editors, we hope, firstly that readers will consider EYIEL to be “a good thing”, and secondly that EYIEL will not go by after this third volume. Like volume two, Part I of EYIEL 3 (2012) focuses on two topics we considered to be of particular relevance for International Economic Law: 10 years of membership of the People’s Republic of China (PRC) in the WTO; and Global Energy Markets and their legal regulation under International Economic Law. China’s accession to the WTO marked a milestone in the development of the WTO as a truly global institution, for many reasons. It expanded its territorial reach significantly and it brought the economy, which will pretty soon – presumably – not only be the world’s largest exporter but also the largest economy in the world, under the disciplines of the world trade regime. Whether the relationship between the traditional and remaining trade powers, in particular the US and the EU, on the one hand, and the PRC on the other hand will develop smoothly or will become more bumpy with tensions rising, remains to be seen. It will be a dominant factor for the overall development of International Economic Law at any rate. The contributions in Part I devoted to China’s tenth WTO birthday shed light on different aspects of China’s membership and of its trading relat
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