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Full-Text Articles in Antitrust and Trade Regulation
Theories Of Justice And International Economic Law, Frank Garcia, Lindita Ciko
Theories Of Justice And International Economic Law, Frank Garcia, Lindita Ciko
Frank J. Garcia
No abstract provided.
Developing A Normative Critique Of International Trade Law, Frank Garcia
Developing A Normative Critique Of International Trade Law, Frank Garcia
Frank J. Garcia
No abstract provided.
The Moral Hazard Problem In Global Economic Regulation, Frank J. Garcia
The Moral Hazard Problem In Global Economic Regulation, Frank J. Garcia
Frank J. Garcia
Global regulation of international business transactions presents a particular form of the moral hazard problem. Global firms use economic and political power to manipulate state and state-controlled multilateral regulation to preserve their opportunity to externalize the social costs of global economic activity with impunity. Unless other actors can effectively counter this at the national and global regulatory levels, globalization re-creates the conditions for under-regulated or “robber baron” capitalism at the global level. This model of economic activity has been rejected at the national level by the same modern democratic capitalist states which currently dominate globalization, creating a crisis of legitimacy …