A Considerable Contribution to Development of Fundamentals of Scientific Knowledge in the Field of International Economic Law (review of the book «International Economic Law and Regulation of International Economic Activities» by A.A. Kovalev)

Abstract

The author of the afore-referred edition, being Doctor of Laws, Professor, occupies the post of the Head of the Chair of International Law of the Diplomatic Academy, Ministry of Foreign Affairs of Russian Federation.Notwithstanding the point that through the last years within Russia a substantial quantities of special publications related to the International Economic Law have been emerging on rather regular basis, the effective, fundamental and system analysis of the International Economic Law issues realized from the stand of the Law theory (including International Law theory) leaves a lot to be desired.Unfortunate fact, but actually Russian legal science in the most of cases is represented by textbooks and casebooks which is proper as well for the field of the International Economic Law Just the same gender is immune to the edition commissioned by prof A A Kovalev.In the Introductory Note to the textbook it is stressed out that the item was in its essence deemed for use to require the educational objectives, however it is not to be construed as an obstacle for using by the practitioners, i e those who being the members of state authorities staff, have the powers to formulate and affect the public interests pursuing in the field of international economic relations: both scholars or public executives, specialists in the theory of law, etc.The book reflects the growing complexity of the international economic relationships from the one hand, and appearance due to this of certain legal problems in the International and Municipal law systems – from the other side Having differentiated the two notions, namely: «international economic law» and «international economic activities», – the author does seek by the same very important target – to demonstrate prima facie, that the international economic activities are consisted not only of the acts and deeds of public entities (those international and municipal having the interstate nature), but also private subjects of law (natural and moral persons including transnational entities or multinational companies, their consortia, etc ); it is to be shown, secondly, that the International Economic Law is capable to regulate only certain quantity of the international economic relationships, entered into the general notion of foreign economic activities, and thirdly, that between the regulation of foreign economic activities formed by the relationship where the private subjects of law are involved, and the same which consists of public relationship (mostly between the state-powers), there is no «Chinese Wall».