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Mapping ‘wild zones’ of globalisation: on private actors and the rule of law
International Journal of Law in Context ( IF 0.6 ) Pub Date : 2021-05-20 , DOI: 10.1017/s1744552321000045
Chantal Mak

While private corporations have become increasingly influential in the global economy, a comprehensive legal framework for their activities is missing. Although international and regional legal instruments may govern some aspects of, for instance, international investments and the supply of goods and services, there is no overarching structure for assessing the impact of large-scale private projects. In the absence of such a comprehensive framework, specific rules of private law allow profit-seeking companies to expand their activities on an economic basis, mostly without having to heed social concerns (Pistor, 2019). This is particularly problematic insofar as multinational companies have obtained power to set the rules for their engagement with states, organisations and individuals, for instance in the form of transnational investment contracts. Given the fragmented nature of the legal sphere in which such contracts are elaborated and performed, those who face the harmful consequences of such investments may not be able to participate in decision-making processes. The contracts remain in ‘wild zones’ of globalisation (Fraser, 2014, p. 150), where powerful private companies rule.

中文翻译:

绘制全球化的“荒野地带”:关于私人行为者和法治

尽管私营公司在全球经济中的影响力越来越大,但缺乏针对其活动的全面法律框架。尽管国际和区域法律文书可能管辖国际投资以及商品和服务供应等某些方面,但没有评估大型私人项目影响的总体结构。在缺乏如此全面的框架的情况下,私法的具体规则允许营利公司在经济基础上扩大其活动,而大多数情况下无需关注社会问题(Pistor,2019 年)。就跨国公司已获得制定与国家、组织和个人交往规则的权力而言,这尤其成问题,例如以跨国投资合同的形式。鉴于制定和执行此类合同的法律领域的分散性,面临此类投资有害后果的人可能无法参与决策过程。这些合同仍处于全球化的“野区”(Fraser,2014 年,第 150 页),由强大的私营公司统治。
更新日期:2021-05-20
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