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Research Article | Open Access
Volume 10 2018 | None
THE ROLE OF INTERNATIONAL TRADE LAW IN ECONOMIC DEVELOPMENT: A GLOBAL PERSPECTIVE
Shameen Ahmad Khan
Pages: 533-534
Abstract
International trade law plays a pivotal role in shaping global economic interactions by providing a regulatory framework for cross-border trade relations. This paper examines the role of international trade law in economic development from a global perspective. Beginning with an exploration of its definition and scope, the paper discusses theoretical perspectives on how trade law influences economic outcomes. It then examines empirical evidence and case studies to illustrate the impact of trade law on economic development. Despite its benefits, international trade law faces challenges and criticisms, including legal complexities and disparities between developed and developing countries. The paper concludes with an analysis of emerging trends and proposed innovations aimed at enhancing the developmental impact of trade law in the future.
Keywords
International trade law, economic development, globalization, trade agreements, legal complexities, empirical evidence, developing countries, regulatory framework, trade policy, global economy
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