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Full-Text Articles in Law

Confounding Ockham's Razor: Minilateralism And International Economic Regulation, Eric C. Chaffee Jan 2016

Confounding Ockham's Razor: Minilateralism And International Economic Regulation, Eric C. Chaffee

Brooklyn Journal of Corporate, Financial & Commercial Law

In Minilateralism: How Trade Alliances, Soft Law, and Financial Engineering Are Redefining Economic Statecraft, Professor Chris Brummer embraces the complexity of the global economic system and its regulation by exploring the emerging role and dominance of varying strands of economic collaboration and regulation that he collectively refers to as “minilateralism.” In describing the turn toward minilateralism, Brummer notes a number of key features of this new minilateral system, including a shift away from global cooperation to strategic alliances composed of the smallest group necessary to achieve a particular goal, a turn from formal treaties to informal non-binding accords and other …


Enthusiastic Enforcement, Informal Legislation: The Unruly Expansion Of The Foreign Corrupt Practices Act, Amy D. Westbrook Jan 2011

Enthusiastic Enforcement, Informal Legislation: The Unruly Expansion Of The Foreign Corrupt Practices Act, Amy D. Westbrook

Georgia Law Review

The Foreign Corrupt Practices Act (FCPA) was enacted
over thirty years ago to prohibit bribery of foreign officials
by U.S. persons. In the last few years, the Department of
Justice (DOJ) and the Securities and Exchange
Commission (SEC) have dramatically expanded the FCPA
through a surge in its enforcement. Responding to
complex developments in law, the global economy, and
agency politics, the DOJ and the SEC have brought ten
times as many cases as in prior years, and assessed
hundreds of millions of dollars in penalties. At the same
time, the substantive reach of the law has been extended
through …