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The Future of Law in a Global Economy

Bibliographic Data

ID12282910
AuthorsRichard P Appelbaum (0000-0003-4097-9850, University of California, Santa Barbara, corresponding author)
Year1998
Volume7
Issue2
Pages171-192
Publication date1998-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSocial & Legal Studies (JOURNAL)
Journal identifiersISSN: 0964-6639 • E-ISSN: 1461-7390
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/096466399800700202
OpenAlexW2065021754
LanguageEN
Citations received4
References cited22

In this paper I challenge the notion that an emerging global legal culture modeled on US legal practices will necessarily come to dominate global legal practices in the economic sphere. Rather, I argue that the ascendance of Asian economic power will have significant implications for the sorts of legal as well as business institutions that are likely to dominate in the next century. Specifically, I argue that Chinese busi ness culture, with its emphasis on informal relationships and flexible organization, has a strong affinity for the new forms of flexible production that characterize an important and growing portion of the world economy. Drawing on world-systems theory, research on Chinese business organization and culture, and my own field- work, I argue that the 'legal convergence' hypothesis may well be premature: that the rise of the East Asian economies, linked together through the Chinese business diaspora, may well herald not only the decline of North American and European global economic dominance, but along with it the hegemony of their associated legal forms

China · Comparative law · Convergence (economics · Diaspora · Dominance (genetics · East Asia · Economic growth · Economic power · Economic system · Economics · Economy · Hegemony · Legal culture · Legal pluralism · Legal realism · Political economy · Political science · Power (physics · Sociology · Corporate Law and Human Rights · Global trade, sustainability, and social impact · International Labor and Employment Law · Law

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Unique citing works4
Citations per year0,15
Citation span2000 - 2011 (12)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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