International Standards as a Conceptual Framework for Improving Consumer Protection

Abstract

Issues in the interpretation of the international standards on individual consumer protection are considered. A functional consumer protection framework is a key aspect of economic security of states and regional economic alliances. Consumer protection is also evolving to respond to the new threats and challenges of the global economic crisis. Implementing the international standards on consumer protection in the national legal framework and regional treaties are viewed as a matter of urgency. From a review of a selection of international legal instruments, the author identifi es several systemic trends in the evolution of consumer protection standards, including an emphasis on the environment and sustainable consumption, and facilitation of e-trade as a mechanism for strengthening the economic security of states and regions.