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• W55433500 abstract "Law is a powerful instrument for social development. At the same time it is itself a product of social development. The objective of this paper is to formulate a paradigm of law and development that will foster realization of the values essential for addressing global issues and the positive evolution of the human community. Law is a response to the problems that emerge from the social process and from the process of social development. Human problems represent conflicts between values that change over time. Effective solution to human conflicts depends on our ability to arrive at clarity and consensus regarding those values which are most conducive to human progress. 1,2,3,4 An appreciation of how law has developed historically in response to past conflicts may serve as a guide to understanding its present status and possible future directions. This historical focus must include not only the formulation of law, but also its actual practices and outcomes. This is apparent when we consider that the eradication of discrimination or corruption depends as much on the prescription and application of prevailing law as it does on the prescription of new law. Law is both a condition and a consequence of social development. All aspects and dimensions of society impact on and are influenced by the rule of law. For example, in recent months, the European financial crisis has exerted strong pressure for modification of the laws governing financial management of EU member states as well as the powers and responsibilities of national and European institutions to address the challenges posed. Changes in law and public policy relating to the financial management of banks and central banking institutions constitute important components of the policy response. Similarly, rapid advances in technology and communications impact on laws relating to regulation of the Internet and intellectual property. Political activism, like the Arab Spring, Moscow Winter, Occupy Wall Street Movement, has thrown into question the constitutional legitimacy of governments and the fundamental rights of citizens. Soaring levels of unemployment have compelled changes in labor and social welfare policies and greater government responsibility for the economy. The Fukushima disaster has led to changes in law and public policy regarding nuclear energy in Germany and Switzerland and raised legal issues related to the rights of sovereign nations to environmental protection from the actions of their neighbors. These are just a few of the many aspects of social change which influence and are influenced by the prescription and application of law. An appraisal of the relevant trends and conditions which have influenced legal outcomes against the values that are claimed and preferred requires acute analysis not only of past precedent and the present balance of interests and forces; it must also take into account the likely direction of their future development." @default.
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• W55433500 date "2012-04-01" @default.
• W55433500 modified "2023-09-26" @default.
• W55433500 title "New Paradigm for Global Rule of Law" @default.
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