The Idea of Legal Convergence and International Economic Law

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Abstract

The convergence of different legal systems is one of the leading theses in the discipline of law. This paper proposes that International Economic Law is one of the great sources of inspiration for the coming together of various legal systems around the world. The paper will explore the European Union experience in this respect and it will analyse a number of legal principles which promote the idea of legal convergence in the sphere of international economic law. Furthermore, referral will be made to the organisations promoting the convergence of legal systems such as the International Monetary Fund (IMF), the World Bank Group (WB) and the World Trade Organization (WTO).
Original languageEnglish
Pages (from-to)385-399
JournalInternational Journal of Private Law
Volume2
Issue number4
DOIs
Publication statusPublished - 2009

Keywords

  • Law Convergence
  • International Economic Law
  • European Union Law
  • Fidelity
  • Conferred Powrs
  • Subsidiarity
  • Private Law

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