Next Article in Journal
Effect of Growing Miscanthus x giganteus on Soil Microbial Communities in Post-Military Soil
Next Article in Special Issue
The Role of Public Interest Litigation in the Achievement of Sustainable Waste Management in Ethiopia
Previous Article in Journal
Social Impacts of Dam-Induced Displacement and Resettlement: A Comparative Case Study in China
Previous Article in Special Issue
The Utopia of the Harmonization of Legal Frameworks to Fight against Transnational Organized Environmental Crime
Open AccessArticle

(Un)Sustainable Development(s) in International Economic Law: A Quest for Sustainability

Faculty of Law, School of General and Interdisciplinary Legal Studies, National Research University Higher School of Economics, 3 Bolshoi Trexsviatitelskiy Str., 109240 Moscow, Russia
Sustainability 2018, 10(11), 4022; https://doi.org/10.3390/su10114022
Received: 21 October 2018 / Revised: 29 October 2018 / Accepted: 30 October 2018 / Published: 2 November 2018
(This article belongs to the Special Issue Environmental Law for Sustainability 2018)
  |  
PDF [388 KB, uploaded 13 May 2019]

Abstract

This article aims to contribute to the ongoing debate on post-capitalist economy by exploring the contours of a sustainability-oriented model of economic governance. To this end, the article analyzes the issues of sustainable development in the three main strands of international economic law (trade, investment, and finance) at national and transnational levels. The analysis reveals a policy interdependence between international economic law and sustainable development. The latter hence represents a specific regulatory construct that aims at compensating the losses of exhaustible resources with investments in technology and knowledge. This, however, merely justifies and legitimizes the over-exploitation of certain parts of the globe, including not only their natural resources, but also human and other capitals. To overcome these unsustainable models, the article proposes a paradigm shift away from the standard of sustainable development in international economic law, towards one of sustainability. The idea is to replace sustainable development with sustainable economy. Law can act as a trigger of such a shift through ensuring trust and cooperation between public institutions, private companies, civil society, local communities, and individual citizens. View Full-Text
Keywords: sustainability law; social justice; degrowth; low-carbon sharing economy; progressive sustainability agenda sustainability law; social justice; degrowth; low-carbon sharing economy; progressive sustainability agenda
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Aseeva, A. (Un)Sustainable Development(s) in International Economic Law: A Quest for Sustainability. Sustainability 2018, 10, 4022.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top