Rough consensus and running code : a theory of transnational private law / Gralf-Peter Calliess and Peer Zumbansen.
2010
K623 .C348 2010 (Map It)
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Author
Title
Rough consensus and running code : a theory of transnational private law / Gralf-Peter Calliess and Peer Zumbansen.
Published
Oxford ; Portland, Or. : Hart Pub., 2010.
Call Number
K623 .C348 2010
ISBN
9781841139746 (hardback)
1841139742 (hardback)
1841139742 (hardback)
Description
[xvi], 366 pages ; 24 cm.
System Control No.
(OCoLC)495596624
Summary
'Rough Consensus and Running Code' describes and assesses the different law-making regimes currently observable in the transnational arena.
Note
'Rough Consensus and Running Code' describes and assesses the different law-making regimes currently observable in the transnational arena.
Bibliography, etc. Note
Includes bibliographical references (pages [278]-346) and index.
Record Appears in
Added Author
Table of Contents
Foreword
vii
Preface
ix
Introduction
1
1.
Law's Elusive Boundaries
11
I.
Border Crossings
11
II.
Towards a Legal Critique of Transnational Governance Institutions
17
III.
Law's Elusive Empire?
19
2.
Towards A Theory of Transnational Private Law
27
I.
Seeing the (Global) World Through a Private Lawyer's Eyes
27
A.
Crucial Intersections: Lex mercatoria and Legal Pluralism
28
B.
Communities of Interest and Private Governance Regimes: The Conundrum of Transnational Commercial Law
35
C.
Markets as Regulators: It's the Economy, Stupid---Or, is It?
59
D.
Law and the Transformation of State Regulatory Functions
64
II.
Ubiquitous Law
67
A.
Normativity versus Realism: Law versus Power
67
B.
The Transnational: A Realm of Borderless Self-Regulation?
76
C.
Private Ordering and Public Authority: Scrutinising Democratic versus Economic Functions of Law
80
III.
A Theory of Transnational Private Law
96
A.
Co-ordination versus Regulation: Revisiting the Public-Private Divide
96
B.
The Hybrid Character of Transnational Law Regimes
109
C.
The Governance Mode of Transnational Law Regimes
112
(i).
Mapping Economic Governance
113
(ii).
The Recombinant Governance Mode of Transnational Commercial Law
119
D.
Soft Law, Hard Law, and Legitimacy
123
E.
Rough Consensus and Running Code
134
(i).
Internet Governance: Legitimising Open Technical Standards
135
(ii).
Private Law Harmonisation
139
(iii).
Modern Customary Law
143
(iv).
The Making of Transnational Private Law
145
3.
Transnational Consumer Contracts
153
I.
Private Ordering in B2C E-Commerce
153
A.
Online Reputation
154
B.
Trustmarks and Codes of Conduct
155
C.
Online Dispute Resolution
157
D.
Method of Payment and Credit Security
160
II.
Transnational Law Regimes: the Role of Virtual Marketplaces
163
III.
Reflexive Consumer Protection Law
166
A.
Reflexive Trustmarks: Contractual Standards of Hybrid Organisations
169
(i).
Secondary Trustmarks at the National Level
169
(ii).
Supranational Standardisation via Co-Regulation?
170
(iii).
Global Linkage
173
B.
Law-Consumer Protection: ODR Standards and their Implementation
174
(i).
Guidelines for providers of ODR Procedures
175
(ii).
The Implementation of Global ODR Standards
176
IV.
RCRC in the Making of Transnational Consumer Contract Law
179
4.
Transnational Corporate Governance
181
I.
Corporate Governance Codes
181
A.
Corporate Governance
187
B.
Corporate Governance and Political Economy
189
C.
Law-Making in Corporate Governance
194
(i).
The German Corporate Governance Code as an Example of RCRC
196
(ii).
Who Makes Company Law?
200
(iii).
Corporate Law Making Between State and Society
207
(iv).
The Reform of German Corporate Governance: The Intricacies of Rough Consensus and Running Code
208
II.
Transnational Corporate Governance and Executive Compensation
212
A.
The Transnational Embeddedness of European Corporate Governance Regulation
213
B.
Ǹew' and Èxperimentalist Governance' in European Corporate Law Regulation: RCRC as Transnational Legal Pluralism
219
(i).
The Polarities of EU Governance: Global Competitiveness and Political-Economic Integration
220
(ii).
Reflexive Corporate Governance
223
(iii).
European Corporate Governance Regulation and RCRC
225
C.
The Case of Executive Compensation
227
(i).
Breaking the Political Deadlock: Governance by Expertise
230
(ii).
Executive Compensation: Governance by Transparency
232
D.
̀Germany Inc' and Executive Compensation
234
(i).
The Political Economy of Corporate Governance Reform in Germany
236
(a).
Governing ̀Germany Inc'
236
(b).
Hybridisation of Law-Making: The Return of the State?
240
(ii).
Transnational Corporate Governance as Spatio-Temporal Assemblage
242
E.
Transnational Corporate Governance Regulation as RCRC
246
5.
Rough Consensus and Running Code in Context
248
I.
Law and Social Norms
248
II.
Soft Law
255
A.
Asking the Right Questions?
255
B.
Soft Law as Embarrassment
258
III.
Customary International Law (And Its Limits)
261
A.
Elements of Customary International Law
262
B.
Ships Passing in the Night?
265
C.
The Attack on Customary International Law
266
D.
Customary International Law in the Making of Global Law
270
IV.
Transnational Private Law: Hard Law, Soft Law, Reflexive Law and the Conditions for Private Law-Making
274
Bibliography
278
Index
347