Global South

Owing to the combination of new data sources, evolving profit measurement and distribution norms, and multilateral cooperation, a GEP tax coordinated at the international level would have vastly larger prospects for building a new social contract for a post-pandemic world than any strictly domestic effort would.

El pasado 21 de mayo, profesoras y profesores que integran la Rama Latinoamericana de la Global Business and Human Rights Scholars Association realizaron el webinar “La Debida Diligencia en el régimen de Empresas & Derechos Humanos: Una visión desde América Latina”. El propósito del evento fue analizar la debida diligencia y su potencial impacto en las discusiones sobre el régimen de empresas y derechos humanos en dicha región.

On May 21, members of the Latin American Branch of the Global Business and Human Rights Scholars Association organized the webinar “Due Diligence in the Business & Human Rights regime: A Latin American view”. The purpose was to analyze the potential impact that the implementation of due diligence norms and policies may have in advancing the business and human rights field in the region.

The COVID-19 pandemic has raised salient questions about global intellectual property rights rules and their implementation at regional, sub-regional and national levels. These questions revolve around the tensions between private rights and the public interest. For example, how can governments employ flexibilities and other measures to facilitate access to pharmaceutical products including drugs, vaccines, test kits, personal protective equipment and related technologies? Or how can governments navigate the intersections of copyright and the right to education to promote access to educational materials for teaching and learning? Broader conceptual, practical, and institutional issues, foregrounded on fostering development-oriented intellectual property rights systems in the Global South, will be analysed from different perspectives.

Traditional medicines have an equally important role as vaccines, therapeutics and medical devices protected through classical IPRs such as patents. For this reason, it is important to include traditional medicines within the scope of IPR protection, including within the WTO’s TRIPS Agreement. Doing so would go beyond the classical debate of protecting medicines, vaccines and therapeutics mainly through patents as currently understood within the TRIPS Agreement.

The circular economy concept is receiving an increasing amount of attention by academics, law-and policy-makers, and private stakeholders as an alternative economic model to realise a transition to a low-carbon, sustainable future. Drivers behind the circular economy concept’s popularity include growing public awareness of plastics waste and biodiversity impacts, increasing competitiveness for natural resources globally especially amongst the G20, and innovations in bio and digital technologies.

The COVID-19 pandemic has exacerbated existing vulnerabilities while creating new ones for many regions particularly in Africa, Latin America, the South Pacific and the Caribbean. COVID-19 as well as the trade wars among the major trading economies of the world that preceded it have threatened abandonment and disruption of the global trade and investment regime all the time while promising actual reform. This webinar which follows the conclusion of the four-part Symposium on COVID-19 and International Economic Law in the Global South, will explore these themes from a variety of perspectives.

A new economic wisdom seems to be informing the development agenda of international economic institutions, including the World Trade Organisation’s (WTO). The argument is that, although global value chains (GVCs) have existed for a long time, the pace and intensity of global interactions is rapidly changing, consisting of ever more functional ‘fractionalization’ and geographical ‘dispersion’ of production, and so is the nature of trade, with the unprecedented increase in the exchange of components and tasks originating in different parts of the world.

Currently, the world finds itself at a crisis point. The global health pandemic caused by COVID-19 has drastically changed the way we live, how we run our economies and even, how we teach and research IEL. In the post-COVID world, old rules and games may not apply any more. The scholarly interventions presented in the IEL Collective symposia offers tools for a new, pragmatic internationalism – one based on critical reflection, methodological diversity and contributes towards the development of a more holistic landscape of scholarship on law and the governance of the global economy.

Finally, we have seen a surge in climate activism, especially from children and young adults, especially after Greta Thunberg launched the Fridays for Future (FFF) Movement in August 2018. FFF is a global movement that seeks to ‘put moral pressure on policymakers, to make them listen to the scientists, and then to take forceful action to limit global warming.’