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This work reflects analytically on international arbitration as a form of global governance. It thus contributes to a rapidly growing literature that describes the profound economic, legal, and political transformation in which key governance functions are increasingly exercised by a new constellation that include actors other than national public authorities.

In the late 1980s regional integration emerged as one of the most important developments in world politics. It is not a new phenomenon, however, and this 1999 book presents an analysis of integration across time, and across regions. Walter Mattli examines projects in nineteenth- and twentieth-century Europe, but also in Latin America, North America and Asia since the 1950s. Using the tools of political economy, he considers why some integration schemes have succeeded while many others have failed; what forces drive the process of integration; and under what circumstances outside countries seek to join. Unlike traditional political science approaches, the book stresses the importance of market forces in determining the outcome of integration; but unlike purely economic analyses, it also highlights the impact of institutional factors. The book will provide students of political science, economics, and European studies with a framework for the study of international cooperation

Rückgreifend auf einen analytischen Rahmen, der von Barbara Koremenos, Charles Lipson und Duncan Snidal im "Rational Design" Projekt entworfen wurde, werden die institutionell stark unterschiedlichen Methoden der internationale Handelsdisputlösung für Privatparteien untersucht. Diese Methoden beinhalten den Rückgriff auf öffentliche Gerichte und immer häufiger auf internationale Gerichtshöfe, wie z.B. das internationale Schiedsgericht der internationalen Handelskammer oder das Londoner internationale Schiedsgericht, so wie den Rückgriff auf sog. ad hoc Schiedsgerichtsbarkeit und alternative Streitbeilegungsverfahren, wie Schlichtung und Vermittlung. Die zentralen institutionellen Dimensionen hinsichtlich der sich diese Methoden unterscheiden, sind (1) prozedurale und adaptive Flexibität und (2) Zentralisierung der prozeduralen Schutzvorrichtung und Informationssammlung. Es wird erklärt, weshalb unterschiedliche Methoden der Handelsstreitbeilegung gewählt werden. Diese Methoden entsprechen den unterschiedlichen institutionellen Bedürfnissen der unterschiedlichen Konflikte und Streitparteien. Diese Bedürfnisse können durch das Ausmass des Vollstreckungsproblems, die Unsicherheit hinsichtlich der Präferenzen oder des Verhaltens der Vertragspartner und Unsicherheit über die internationalen Rahmenbedingungen erklärt werden. (SWP-Jns)

Drawing on the analytical framework developed by Barbara Koremenos, Charles Lipson, and Duncan Snidal in the Rational Design project, I seek to shed light on the striking institutional differences among the various methods of international commercial dispute resolution for private parties. These methods include recourse to public courts and more frequently to private international courts, such as the International Court of Arbitration of the International Chamber of Commerce or the London Court of International Arbitration, as well as recourse to so-called ad hoc arbitration and alternative dispute-resolution techniques, such as conciliation and mediation. The key institutional dimensions along which these methods of international dispute resolution vary are (1) procedural and adaptive flexibility, and (2) centralization of procedural safeguards and information collection. I explain why different methods of international commercial dispute resolution are selected. I argue that these methods respond to the varying institutional needs of different types of disputes and disputants. Such needs can be explained in terms of the severity of the enforcement problem, uncertainty about the preferences or behavior of contractual partners, and uncertainty about the state of the world.