NATURAL RESOURCES AND SUSTAINABLE DEVELOPMENT
International Economic Law Perspectives
Edited by Celine Tan and Julio Faundez
ISBN: 978 1 78347 837 8 (book)
978 1 78347 838 5 (ebook)
Edward Elgar Publishing Limited
IMPROVING THE GOVERNANCE OF WORLD NATURAL RESOURCES:
A COMPENDIUM OF CURRENT LEGAL PERSPECTIVES FROM EDWARD ELGAR
An appreciation by Elizabeth Robson Taylor of Richmond Green Chambers and Phillip Taylor MBE, Head of Chambers
and Reviews Editor, “The Barrister”
It would seem, at first glance, that the natural readership base for this book would be international lawyers specializing in environmental law. But no -- and not necessarily.
Published recently by Edward Elgar Limited, the book is actually an excellent research handbook and a distinguished one at that. Comprising fifteen carefully researched articles by as many international contributors from top universities worldwide, it reflects the international disquiet regarding the governance (or lack of it) of natural resources, especially in situations where often obvious flaws in governance – particularly in developing countries -- can wreak devastating consequences within local populations.
In such circumstances, almost inevitable tensions can arise between, say, investors and local communities affected, often adversely, by natural resources projects.
Both from the University of Warwick (where discussions on these and related issues took place), editors Celine Tan and Julio Faundez remark that the chapters contained in this volume ‘highlight the fact that the international governance and management of natural resources has become an important area for international research law and
policy-making as ‘conflict over their use becomes more acute’.
The comment is made that while natural resources are central to global economic growth, problems often arise in the shape and form of legal, territorial and political disputes between states with in -- the worst situations -- negative impact on human rights. ‘These tensions’, say the editors ‘will only be resolved if the international community establishes a comprehensive and equitable legal framework for the regulation of natural resources’.
This book will do much to advance the debate on the ways and means by which just such an equitable legal and political framework might possibly be achieved. It maintains a clear focus on the intersection between issues of regulation and governance on the one hand -- and environmental law, human rights law and other areas of international law, on the other.
The articles on these points certainly cover a broad range of enquiry, from investment treaties. political risk insurance, tropical forests and climate change, to global value chains and the role of the WTO -- and of course, much more.
Information-rich and erudite, this book with its emphasis on responsibility in the exploitation of natural resources, provides advocates and practitioners in this area of law with a lot of ammunition in disputes, debates and the more than occasional court battle on environmental and related issues.
Specialists in political science and economics as they pertain to public policy, will also find the book useful, as it is further enriched by copious footnoting and lengthy and detailed bibliographies at the end of each article throughout.
The publication date is cited as at 25th August 2017.