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Shadow Courts: The Tribunals That Rule Global Trade
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Bibliographic Detail
Publisher Columbia Global Reports
Publication date September 6, 2016
Pages 128
Binding Paperback
Book category Adult Non-Fiction
ISBN-13 9780997126402
ISBN-10 099712640X
Dimensions 0 by 5 by 7.50 in.
Original list price $12.99
Summaries and Reviews
Amazon.com description: Product Description: "Haley Sweetland Edwards explains the history of global shadow courts and how these courts have spun out of control, threatening the interests of citizens everywhere including the United States. Her fantastic book is exactly what long-form journalism is meant to do, to move beyond current events and provide historical perspective that aims at future reform. SHADOW COURTS should be at the top of the reading list of all those interested in redesigning trade agreements to be in the public interest." -- Jeffrey D. Sachs, University Professor, Columbia University and author of The End of Poverty
International trade deals have become vastly complex documents, seeking to govern everything from labor rights to environmental protections. This evolution has drawn alarm from American voters, but their suspicions are often vague.

In this book, investigative journalist Haley Sweetland Edwards offers a detailed look at one little-known but powerful provision in most modern trade agreements that is designed to protect the financial interests of global corporations against the governments of sovereign states. She makes a devastating case that Investor-State Dispute Settlement -- a "shadow court" that allows corporations to sue a nation outside its own court system -- has tilted the balance of power on the global stage. A corporation can use ISDS to challenge a nation's policies and regulations, if it believes those laws are unfair or diminish its future profits. From the 1960s to 2000, corporations brought fewer than 40 disputes, but in the last fifteen years, they have brought nearly 650 -- 54 against Argentina alone.

Edwards conducted extensive research and interviewed dozens of policymakers, activists, and government officials in Argentina, Canada, Bolivia, Ecuador, the European Union, and in the Obama administration. The result is a major story about a significant shift in the global balance of power.


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Paperback
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from Columbia Global Reports (September 6, 2016)
9780997126402 | details & prices | 128 pages | List price $12.99
About: "Haley Sweetland Edwards explains the history of global shadow courts and how these courts have spun out of control, threatening the interests of citizens everywhere including the United States.

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