Law and Policy in International Business

Articles from Vol. 33, No. 1, Fall

Back to First Principles: The Constitutional Rationale for Invalidating Local Sanctions against Foreign Trade
I. INTRODUCTION For half a century after the New Deal, the Supreme Court approved a progressive expansion of federal power. The Commerce Clause and the Fourteenth Amendment appeared to confer virtually unlimited powers on the federal government....
Contemporary Challenges to German Federalism: From the European Union to the Global Economy
I. INTRODUCTION Three major challenges confront German federalism today. The first is the strong and growing dispute among German Lander over their present fiscal federalism arrangements. In essence, the wealthier Lander are pushing hard for less...
In Memoriam: September 11, 2001: Eulogy
EULOGY * There's an old Irish tradition that rain at a funeral is really a welcome sign; it isn't really rain but the tears of the angels. And why wouldn't the angels weep--at the slaughter of the innocent, at the senseless loss of life, and at...
Payment for Paperless Trade: Are There Viable Alternatives to the Documentary Credit?
I. INTRODUCTION The ever-increasing move to paperless trade calls for an evaluation of various aspects of international trade, of which payment is particularly important. (1) There are four traditional methods of payment in international sales:...
Proposed Legal Structure for the SilkSat Satellite Consortium: A Regional Intergovernmental Organization to Improve Telecommunications Infrastructure in Central Asia and the Trans-Caucasus Region
I. INTRODUCTION: BRINGING TELECOMMUNICATIONS INFRASTRUCTURE TO THE SILK ROAD REGION The Trans-Caucasus and Central Asian region is an often-overlooked area of the developing world. These states of the former Soviet Union, which include Armenia,...
Why Foreign Aid Fails; Lessons from Indonesia's Economic Collapse
I. INTRODUCTION In July 1991, while walking through the busy streets of Blok M in South Jakarta, a teenage boy pointed at the myriad banks that lined his way and stated, "In five years these will all come crashing down and leave my country in ruins."...