»The Principle of Public Trial belongs to a Democratic Justice«
This article is availble only in German.
This article is availble only in German.
This article is available only in German.
Since the 1970s, almost any bilateral and regional investment treaty has provided for investor-state dispute settlement (“ISDS”). Based on these agreements, foreign investors can commence international arbitration against their host states, claiming administrative, regulatory, or judicial measures are in violation of substantive investment protection standards. At a global level rising numbers of investor-state disputes and newly signed investment agreements suggest the continuous importance and attractiveness of this dispute settlement mechanism. Yet, we also see contestations. A few countries did not renew or even terminated existing investment instruments. Others have withdrawn from the ICSID-Convention. What does this mean for the European Union? Simply carrying on appears no sustainable option anymore. Since the 1970s, almost any bilateral and regional investment treaty has provided for investor-state dispute settlement (“ISDS”). Based on these agreements, foreign investors can commence international arbitration against their host states, claiming administrative, regulatory, or judicial measures are in violation of substantive investment protection standards. At a global level rising numbers of investor-state disputes and newly signed investment agreements suggest the continuous importance and attractiveness of this dispute settlement mechanism. Yet, we also see contestations. A few countries did not renew or even terminated existing investment instruments. Others have withdrawn from the ICSID-Convention. What does this mean for the European Union? Simply carrying on appears no sustainable option anymore.
This article is available only in German.
After the linguistic turn and the iconic turn, we have been witnessing an animal turn in the social sciences and the humanities. What do we mean by animal turn? We mean an increasing scholarly interest in animals, in the relationships between humans and other animals, and in the role and status of animals in (human) society. The animal turn is an academic focus on animals in new terms and under new premises.After the linguistic turn and the iconic turn, we have been witnessing an animal turn in the social sciences and the humanities. What do we mean by animal turn? We mean an increasing scholarly interest in animals, in the relationships between humans and other animals, and in the role and status of animals in (human) society. The animal turn is an academic focus on animals in new terms and under new premises.
Our book on Eurozone Crisis has been reviewed and commented by four distinguished experts in the field, profs Joerges and Ruffert as well as Drs Georgosouli and Jaros. The reviews show considerable variation in style and focus, but they all are based on a careful reading of our book and contain thoughtful comments. For this we want to express our gratitude. We comment first on some common themes of the reviews and then move on to a few more specific questions. Our conceptualization of the two layers of the European Economic constitution, the microeconomic and macroeconomic one, seems to have ... continue reading
The Eurozone Crisis: A Constitutional Analysis by Kaarlo and Klaus Tuori is a welcome addition to the vast literature on the recent financial turmoil, the Eurozone crisis and the policy, legal and institutional reform of the European Union in their aftermath. The book consists of three parts. Part one introduces the reader to the main themes of the book, namely, the macroeconomic and the microeconomic layers of the European economic constitution, the causes of the recent financial crisis and the European response. Against this backdrop, part two focuses on the issue of constitutional mutation, exploring, in particular, the constitutionality of ... continue reading
Kaarlo Tuori’s and Klaus Tuori’s account of the the Eurozone crisis is an excellent analysis of all of its major constitutional issues. In the first chapters, the authors set the field in all necessary detail, embedding constitutional history in its economic context. They strongly focus on the distinction between two layers of Europe’s economic constitution, the microeconomic (laid down in the Treaty of Rome, and developed by the ECJ) on the one hand, and the macroeconomic layer (introduced with the Maastricht treaty) on the other hand. They correctly depict the macroeconomic constitution as a logical development of the microeconomic one ... continue reading
The spectacular events that shook the European Economic and Monetary Union in the past few years have left their footprints in EU law scholarship. The State debt crisis beginning with the announced threat of Greek default in winter 2009/2010 took away Articles 119 to 144 TFEU from the hands of a distinguished group of experts and incited most of EU legal scholars to take part in a vivid discussion. Maybe it is time to consolidate now. Is this achieved by the two Tuoris‹ book? With respect, the answer is probably no. The central statement of the book is perfectly clear. The ... continue reading
»Die Wirtschaft ist das Schicksal« (the economy is our destiny) – this insight of Walter Rathenau, politician and industrialist, the white hope of the young Weimar Republic, murdered in 1922, is of disquieting topicality. For more than a decade, we have witnessed a veritable boom of European constitutionalism which sought to pave the way towards an ever closer and ever more democratic Union. These debates were intense. They were nevertheless characterised by a benign neglect of the constitutional dimensions of »the economic« and the failure to comprehend its political functions. There are, of course, exceptions. The authors of the »constitutional ... continue reading