Fair value of international economic law in globalization ━On the role positioning and strategic selection of developing countries and China

Abstract

With the fast growth of economic globalization in international economy, the liberalization-oriented lawmaking has emerged, which resulted in a preliminary orderly mechanism in the global free market, but fair value is lost in the rule making of international economic law, hence resulting in a crisis of legitimacy itself. For this subject, it is necessary to find out the theory of restructuring fair value in the dispute on the essence of justice within the contemporary theory of free capitalism, and the theory of Rawls’ plural justice offers some hints. Of course, it is also quite basic for developing countries and China to anchor their roles properly and make strategic selections in restructuring fair value of international economic law.