Theoretical aspects regarding the evolution of contract law, aspects regarding the globalization and internationalization of contractual legal relations Cover Image

Aspecte teoretice privind evoluția dreptului contractelor, aspecte privind globalizarea și internaționalizarea raporturilor juridice contractuale
Theoretical aspects regarding the evolution of contract law, aspects regarding the globalization and internationalization of contractual legal relations

Author(s): Maria Raluca Sotir
Subject(s): Civil Law, International Law, EU-Legislation, Commercial Law
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: contract; globalization; internationalization; evolution; technology; borders; society;

Summary/Abstract: Contracts appeared as a necessity due to the evolution of society to be able to replace forms of exchange between primitive collectivities. The trend of globalization and internationalization of contractual legal relations resulted from the need to harmonize legislation at an international level in the field of contracts. Differences in state contracting laws have led to disadvantages in terms of crossborder transaction costs. Economic globalization is characterized by the intensification of international trade and the increasing interdependence of economies globally. The benefits of globalization and international trade have been questioned in recent years, so states have made new trade strategies by promoting and defending their own interests and values.

  • Issue Year: LXIX/2023
  • Issue No: 2
  • Page Range: 115-122
  • Page Count: 7
  • Language: Romanian