ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book presents an image of globalization as inherently dynamic and contested. It offers a more critical legal analysis of the relationship between international and national economic regulation. The book argues that bilateral investment treaties fall well short of a triumph for economic liberalism. It shows how pre-commitment strategies in bilateral, regional and transnational agreements can limit the ability of states to regulate market activities and make social policy choices. The book also argues that fear of debate has engendered unhealthy and undemocratic levels of secrecy. It suggests that the degree of constraint on national sovereignty depends on national structures and attitudes, and the effectiveness of enforcement mechanisms. The book examines the consequences of future General Agreement on Trade in Services provisions for the importation of public health services into Britain.