European Business Law Challenges in the Global Economy

Valentin – Stelian Badescu

Knowledge Horizons - Economics, 2016, vol. 8, issue 1, 164-169

Abstract: Globalization concepts and legal instruments appears as an objective necessity, given the universality of a matter that ignores borders and business law plays major role in globalization, allowing establishing links on the one hand, economic globalization, which borders open market practices, primarily commercial but also those transnational crime, and, on the other hand, human rights law, which postulates the existence and affirmation of universal human values that require protection supranational type. Globalization, primarily economic, but with a touch more obvious in other areas, such as law and his actions are characterized among other things by asserting transnational companies as its main actors have structures diluted and complicated, focus substantial resources and operate with a high degree of cross-border crime cee would require, in our opinion, moralization of global relations and prevent risks related to new metamorphoses and market sizes and economic activity.

Keywords: European business law; economic globalization; the globalization of law (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:8:y:2016:i:1:p:164-169

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