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- W1542013265 abstract "Is land becoming a global commodity? Who are the actors shaping such a cross-border market for real estate and who remains excluded from participating in it? Which types of interrelations do local and supranational legal systems have in ordering property rights and other legal interests in what is otherwise considered the quintessential location-fixed asset? How are law, economics, politics, and culture likely to interact in the context of land in an age of increasing globalization? The tension between the conceptual oddity and practical significance of cross-border effects of land law is not a novel phenomenon. The extraterritorial reach of Roman law concepts on land--through both conquest and direct rule across the Empire and later by indirect infiltration due to its intellectual influence during the Middle Ages--is but one such example (Lehavi, 2010). However, as this chapter shows, the scope and nature of such extraterritorial implications have changed significantly over the past few decades in view of certain political, economic, and social processes. This turn of events constantly puts pressure on national legal systems that had traditionally viewed this field as literally embodying the law of the land. At the same time, current market trends toward globalization are far from resulting in clear-cut convergence among legal systems or in a shift of the mainstay of legal ordering to the supranational realm. Such friction between alleged market dynamics and land law goes beyond potential political reluctance by states to yield their sovereign powers to international norms and institutions. It also reflects the distinctive functional and normative features of property law, and land law in" @default.
- W1542013265 created "2016-06-24" @default.
- W1542013265 creator A5040014582 @default.
- W1542013265 date "2017-01-18" @default.
- W1542013265 modified "2023-09-24" @default.
- W1542013265 title "Land law in the age of globalization and land grabbing" @default.
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- W1542013265 doi "https://doi.org/10.4337/9781785369162.00022" @default.
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