Prof. Terence Halliday (American Bar Foundation) and Prof. Susan Block-Lieb (Fordham Law School)
This book presentation on 'Global Lawmakers' is part of the Law and Justice Across Borders seminar series and is co-organized by the Political Economy and Transnational Governance (PETGOV) and Political Sociology Research Programmes of the Amsterdam Institute for Social Science Research (AISSR).
Global lawmaking by international organizations holds the potential for enormous influence over world trade and national economies. Representatives from states, industries, and professions produce laws for worldwide adoption in an effort to alter state lawmaking and commercial behaviors, whether of giant multi-national corporations or micro, small and medium-sized businesses. Who makes that law and who benefits affects all states and all market players. Global Lawmakers offers the first extensive empirical study of commercial lawmaking within the United Nations. It shows who makes law for the world, how they make it, and who comes out ahead. Using extensive and unique data, the book investigates three episodes of lawmaking between the late 1990s and 2012. Through its original socio-legal orientation, it reveals dynamics of competition, cooperation and competitive cooperation within and between international organizations, including the UN, World Bank, IMF and UNIDROIT, as these IOs craft international laws. Global Lawmakers proposes an original theory of international organizations that seek to construct transnational legal orders within social ecologies of lawmaking. The book concludes with an appraisal of creative global governance by the UN in international commerce over the past fifty years and examines prospective challenges for the twenty-first century.
Terence Halliday is Research Professor, American Bar Foundation, an interdisciplinary institute of advanced studies on law and legal institutions. He is Honorary Professor, School of Regulation and Global Governance, Australian National University, and Adjunct Professor of Sociology, Northwestern University. Halliday is a sociologist and specialist on the globalization of law and markets with special reference to the interactions among global, national and local lawmakers and implementers. His most recent books on economic law and lawmaking are Transnational Legal Orders (Halliday & Shaffer, eds., 2015), and Global Lawmakers: International Organizations in the Crafting of World Markets (with Susan Block-Lieb, 2017), both published by Cambridge University Press. His articles on the sociology of law, legal change and global governance have been published in the American Sociological Review, American Journal of Sociology, British Journal of Sociology, Socio-Economic Review, Law and Society Review, Law and Social Inquiry, and elsewhere.
More information on Prof. Terence Halliday can be found here
Co-author and speaker
Susan Block-Lieb is Professor at Fordham Law School, where she holds the Cooper Family Chair in Urban Legal Studies. She specializes in personal bankruptcy, corporate reorganization and financial restructuring, secured transactions and commercial laws more generally, including international and transnational law and lawmaking in this context. She has written extensively on unification, harmonization and modernization of international private law by international organizations, on global governance by the G20, IMF, World Bank and UN, on sovereign debt restructuring and more generally on transnational legal orders. Together with Terence C. Halliday, she is author of Global Lawmakers: International Organizations in the Crafting of World Markets (Cambridge Univ. Press 2017), an intensive study of global lawmaking by the UN Commission on International Trade Law. She has consulted for the International Monetary Fund, served as a reporter and observer at World Bank task forces on insolvency and secured transactions law reform initiatives, and has been a delegate from the American Bar Association to UNCITRAL’s Insolvency Working Group for more than 15 years.
More information on Prof. Susan Block-Lieb can be found here.
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