Right to Development and International Economic Law

The United Nations is commemorating the 25th anniversary of the 1986 Declaration on the Right to Development, which proclaimed this right to development as 'an inalienable human right by virtue of which every human person and all peoples are entitled to participate in, contribute to, and enjoy economic, social, cultural, and political development, in which all human rights and fundamental freedoms can be realized.' The UN now aims to mainstream the right into its policies and operational activities, and it is reviewing prospects for an internationally-binding legal instrument. The evolution of the right to development, however, has been dominated by debates about its conceptual validity and practical ramifications. It has been hailed as the cornerstone of the entire human rights system and criticized as a distracting ideological initiative. Questions also persist about the role of the right in reforming the international economic order. This book examines the legal and moral foundations of the right to development, addressing the major issues. It then considers the right to development in the global economy, noting the challenges of globalization and identifying key principles, such as differential treatment of developing countries, participation, and accountability. The book relates the right to broad objectives, such as the Millennium Development Goals, the human rights-based approach to development, and environmental sustainability. Implications for international economic law and policy - in the areas of trade, development finance, and corporate responsibility - are assessed. The conclusion looks to the legal and ethical contributions and limitations of the right to development in this new context. With an academic and professional background in international law, human rights, and moral theology, the author brings a unique interdisciplinary focus to this timely project. (Series: Studies in International Trade Law - No. 13)
About the Author: Dr Isabella D Bunn is affiliated with Regent's Park College, University of Oxford, and is Professor of Ethics at the Florida Institute of Technology, College of Business. She serves on the Founding Executive Committee of the Society of International Economic Law and on the Council of the American Bar Association's Section of International Law.