The World Bank Legal Review, Volume 3 : International Financial Institutions and Global Legal Governance
The rule of law is not just a set of rules and their judicial application. As the third volume of the World Bank legal review makes clear in its subtitle, International Financial Institutions and Global Legal Governance, the law is also about polic...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English |
| Published: |
World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20111104043503 http://hdl.handle.net/10986/2365 |
| Summary: | The rule of law is not just a set of
rules and their judicial application. As the third volume of
the World Bank legal review makes clear in its subtitle,
International Financial Institutions and Global Legal
Governance, the law is also about policy making,
institutional frameworks, international politics,
development, and ultimately-freedom. The law broadens the
scope of the questions that people ask, and so helps policy
makers find solutions to complex, multifaceted problems. To
do that effectively, however, legal research and legal
practitioners must focus on how the law can support
innovative and pragmatic responses to development
challenges. The law also has a role to play at the micro
level of community-driven development. Ethiopia, for
example, has used intellectual property tools to renegotiate
the distribution and selling arrangements of its coffee
production with multinational enterprises. The results have
benefited both local farmers and traders. |
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