LLB141 Lecture Notes - Lecture 1: Comparative Law, Global Health, Eastern Bloc
Document Summary
Increasing economic, commercial, social, cultural and political integration and interdependence. Narrow definition restricted to economic and financial interaction, but now understood to include almost all aspects of society. Emergence of global problems" (e. g. climate change, terrorism, gfc. transnational crime, global health epidemics) Formation of supranational organisations with harmonised law (e. g. eu) Increased commercial interaction and trade > the law needs to develop in order to facilitate and regulate these interactions. Increased interaction means increased potential for disputes > the law needs to develop ways to manage and resolve these disputes. Increased interaction through technology, communication and transport > law can help to ensure better and more equitable access. States recognise importance of trade and commerce for economic development and potential to develop through cooperation > international law is a mechanism for facilitating cooperation (e. g. through free trade agreements, technology transfer)
