1. The crisis arrives; Part I. The Rise and Fall of Liberal Internationalism and the New World Order: 2. The end of communism and the embrace of the Washington Consensus (1989–2000, Part I); 3. New international organizations and their ambitions (1989–2000, Part II); 4. Cracks in the foundation and system shocks: terror, the great recession, and the Arab Spring (2000–15); 5. Crises come in waves: national populism, the poisoning of cyberspace, a new cold war, and the pandemic (2015–21); Part II. The Knowledge Economy: World Conquest and Creative Destruction: 6. Knowledge, technological innovation, and wealth; 7. Law and the knowledge economy: what the winners want; 8. Losing and location in the knowledge economy: the view from the Hinterlands and the Chinese alternative: Part III. Battlegrounds: 9. International security, cyber disruption, and human rights; 10. Immigration; 11. Trade and investment; 12. The treason of the clerks: judicial revolts against international law; Part IV. International Law Futures: 13. Dancing along the precipice; 14. What may endure; 15. Conclusion.
A hard look at the challenges to the authority and roles of international legal institutions since the 1990s.
Paul B. Stephan, the John C. Jeffries, Jr., Distinguished Professor of Law at the University of Virginia, has taught and written about international law and the world economy. He has taught and published in China, Russia, Europe, Australia, and Israel. He has also served in the US Departments of the Treasury, State, and Defense, and advised the IMF, the World Bank, and the OECD.
'At a time when we try to understand the crises the world is
facing, this book digs deep and solves a big part of a puzzle.
Knowledge is generally seen as good, but the knowledge economy as
the input to globalization may produce undesired consequences. The
book does not throw out the baby with the bath water but attempts
to save liberal internationalism from itself with concrete
proposals for international law and governance. A must-read for
anybody seeking solutions to our current crises.' Anne van Aaken,
University of Hamburg
'A brilliant account of the economic, social, and political factors
contributing to the unraveling of international law and
institutions since the heyday of 'liberal internationalism.'
Stephan persuasively shows how the accelerating pace of
technological change induced by the knowledge economy explains this
unraveling, and how nations can spark new forms of international
cooperation to respond to global challenges. This book is a
must-read for understanding where international law is today.' Jack
Goldsmith, Harvard Law School
'We hear a lot today about threats to the liberal world order. In
this timely book, a leading American scholar of international law
offers an incisive and original account of that order-including how
it developed, what sustained it, and why it is unraveling. Drawing
together a wide range of examples, Stephan lays out what it will
take to restore the international consensus needed to confront
global challenges of the future.' Matthew Waxman , Columbia Law
School
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