International Economic and Fiscal Regime
and
the Role of Courts
 
International Regimes are Implicit or explicit principles, norms, rules and decision-making procedures around which actors' expectations converge in a given area of international relations. In the wake of ever increasing economic and fiscal globalization, these regimes need to be put under the control of international regulation. A vibrant and dynamic judiciary plays a role of regulator of the market economy. Well-functioning legal and judicial institutions are critical to economic growth and poverty reduction in market economies.

The International Judicial Conference 2012 will provide a forum to review the role of Courts in regulating and determining the international economic and financial regimes.