In a moment of substantial changes in state economic policy around the world, Alami's analysis of the recent proliferation of foreign investment screening mechanisms contributes empirically and conceptually to heated debates about the future of globalization, including the urgent task of understanding law's role in mediating shifting state–capital relations. This commentary situates Alami's account in comparison to changes in foreign sovereign immunity law since the 1950s in order to add further weight to some of his key arguments, while also suggesting areas for more elaboration with respect to the intersection of law, neoliberalism, and (US) power.
GowanP (2010) A Calculus of Power: Grand Strategy in the Twenty-First Century. London: Verso.
7.
GreenWN (2023) Financial inclusion or subordination? The monetary politics of debt in Cambodia. Antipode55(4): 1172–1192.
8.
HopewellK (2016) Breaking the WTO: How Emerging Powers Disrupted the Neoliberal Project. Stanford, CA: Stanford University Press.
9.
MannG (2013) A race between economics and politics, or, a liberal theory of crisis?Geoforum: Journal of Physical, Human, and Regional Geosciences50: A1–A3.
10.
MatisoffA (2022) Multilateralism with Chinese characteristics: The emergence of the Asian Infrastructure Investment Bank and its place in the international economic order. PhD Thesis. University of California at Los Angeles, USA.
11.
MitchellT (2007) The properties of markets. In: MacKenzieDAMuniesaFSiuL (eds) Do Economists Make Markets? On the Performativity of Economics. Princeton, NJ: Princeton University Press, 244–275.
12.
PanitchLGindinS (2012) The Making of Global Capitalism. London: Verso.
13.
PolanyiK (2001) The Great Transformation: The Political and Economic Origins of Our Time, 2nd edn.Boston, MA: Beacon Press.
14.
PottsS (2017) Deep finance: Sovereign debt crises and the secondary market ‘fix’. Economy and Society46(3–4): 452–475.
15.
PottsS (2020) Law as geopolitics: Judicial territory, transnational economic governance, and American power. Annals of the American Association of Geographers110(4): 1192–1207.
16.
PottsS (2023) Debt in the time of COVID-19: Creditor choice and the failures of sovereign debt governance. Area Development and Policy8(2): 126–141.
17.
PottsS (2024) Judicial Territory: Law, Capital, and the Expansion of American Empire. Durham, NC: Duke University Press.
