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CORDIS - EU research results
CORDIS

Sovereignty and the Right to Regulate

Objective

The overall aim of the project is to fill an important gap in the scholarship on international economic law (IEL) by subjecting to analytical and empirical scrutiny a central notion in this field: the idea that, in order to safeguard the possibility of meaningful democratic choice, IEL needs to find an appropriate balance between the conflicting values of investment protection or free trade, on the one hand, and the states’ ability to regulate in the public interest, on the other. Employing tools from legal research, political philosophy, international relations and economics, the project unravels this notion of a fundamental trade-off and assesses the extent to which the image of balance is able to capture the substance of the criticism levelled at the international trade regime and the present system of investment arbitration. The project has three parts. The first part will be concerned with necessary theoretical preliminaries and, in particular, with the question of whether the two opposing considerations are really unrelated (as the image of balance suggests). The second part will go into the nitty-gritty of the contemporary debate about rebalancing IEL by examining the numerous legal techniques recently proposed by scholars/policy makers for moving towards the desired point. The third part of the project addresses the question of whether an adjustment in substantive rules can be expected to make any difference at all if the present institutional set-up does not change. It studies the relationship between balanced outcomes and institutional balance, seeking to answer the question of whether the conditions for a balanced interpretation (however defined) of trade and investment treaties can be produced only by a system of checks and balances at the level of institutions.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF-GF - Global Fellowships

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2015

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Coordinator

TARTU ULIKOOL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 228 421,80
Address
ULIKOOLI 18
51005 TARTU
Estonia

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Region
Eesti Eesti Lõuna-Eesti
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 228 421,80

Partners (1)

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