Re-discussion of General Principles of International Economic Law
Tong Zhan
Abstract
Tong Zhan
Abstract
Principles are derived from rules but prior to rules. They embody the nature of rules. It is the basic judgement criterion of general principles of international economic law that involving in all the regulations of international economic relationships and embodying the nature and values of international economic law. Principle of economic sovereignty and principle of abiding by agreements are general principles of international economic law. Nevertheless, principle of mutual benefit and principle of global collaboration are principles of specific fields in international economic law. Compared to domestic law, the function of principles of international economic law are fully represented by the direction to the abiding by law.
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Principles are derived from rules but prior to rules. They embody the nature of rules. It is the basic judgement criterion of general principles of international economic law that involving in all the regulations of international economic relationships and embodying the nature and values of international economic law. Principle of economic sovereignty and principle of abiding by agreements are general principles of international economic law. Nevertheless, principle of mutual benefit and principle of global collaboration are principles of specific fields in international economic law. Compared to domestic law, the function of principles of international economic law are fully represented by the direction to the abiding by law.
Key concepts: Economic law, International economic law, Sovereignty, Judgement, International law, Law, Municipal law, Law and economics