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The Remains of the Day: The International Economic Order in the Era of Disintegration

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  • Francesco Montanaro
  • Federica Violi

Abstract

The last two decades of the XX century have been marked by a vigorous acceleration of international economic integration both at a global and regional level. States accepted pervasive constraints on their national decision-making in the hope that stability and predictability would favor economic growth. This model of international economic integration, however, has recently shown worrying signs of ‘disintegration’. Disintegration manifests itself both as disintegration of the international legal regimes which compose the international economic order; and disintegration through law, namely the social, economic and environmental disintegration phenomena, triggered or at least facilitated by these regimes. Relying on the paradox integration/disintegration as an analytical framework, this article draws a blueprint of the various disintegration phenomena, which are further analyzed in the individual contributions to this Special Issue. It seeks to identify a relationship between the two dimensions of disintegration and detect possible correlation patterns. Last, after engaging with the different normative alternatives put forward by the contributors, it concludes by calling for a rethinking of the traditional approach to international economic integration. This reconceptualization should be premised on the full realization that the current model entails a great deal of environmental and social ‘hidden costs’.

Suggested Citation

  • Francesco Montanaro & Federica Violi, 2020. "The Remains of the Day: The International Economic Order in the Era of Disintegration," Journal of International Economic Law, Oxford University Press, vol. 23(2), pages 299-322.
  • Handle: RePEc:oup:jieclw:v:23:y:2020:i:2:p:299-322.
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    File URL: http://hdl.handle.net/10.1093/jiel/jgaa018
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    Cited by:

    1. Georgios Dimitropoulos, 2022. "The use of blockchain by international organizations: effectiveness and legitimacy [The governance of blockchain dispute resolution]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 41(3), pages 328-342.

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