Legitimating Global Governance in Challenging Times
Suk Kyoon Kim
The AIIB Yearbook of International Law (AYIL) is an annual legal publication in furtherance of the purpose of the Asian Infrastructure Investment Bank, namely to foster sustainable economic development, create wealth and improve infrastructure connectivity in Asia by investing in infrastructure and other productive sectors, together with promoting regional cooperation and partnership in addressing development challenges. In doing this, the AIIB’s Office of the General Counsel, responsible for the Yearbook, looks outwards and embraces the larger responsibilities that befall a modern organization owned primarily by states, substantially supported by public funds and with the potential to impact on the lives of many. Those responsibilities include the obligation to share what we learn, the successes we celebrate and the failures we suffer, so that others may benefit from that experience.
Because it is not only experience that informs knowledge, the AIIB will also wish to offer, for the critical consideration of others, new ways of thinking about difficult issues with which international organizations and the wider legal community must contend. Some of those issues will be recurrent, sometimes being seemingly intractable. Assuredly, as yet unknown challenges also lie ahead, about what role law does, can and ought to play in empowering and constraining international organizations and others in the pursuit of societal objectives.
The search for answers, in the international legal sphere as elsewhere, will always draw us forwards together. Through this Yearbook, the AIIB strives to make some modest contribution to legal knowledge and understanding, not only by drawing on its own experiences and insights, but by offering a platform for others to develop and rigorously test ideas on matters of common interest and for the AIIB to disseminate them. In this endeavor, we all stand to gain with the enlargement of public goods.