Skip to main content
Article thumbnail
Location of Repository

The New Lex Mercatoria and Transnational Governance

By Alec Stone Sweet

Abstract

Over the past four decades, the transnational business community has successfully built a private system of transnational governance: the new Lex Mercatoria. The actors who operate this system – firms, their lawyers, international arbitrators, and legal academics – have evolved, and use, ‘a-national’ principles of contract and a system of private ‘courts’ to organize and regulate cross-border commercial exchange. National legal systems have adapted to the Lex Mercatoria, thereby enhancing the latter’s autonomy, and the EU has begun to move in the same direction

Topics: Law
Publisher: Yale Law School Legal Scholarship Repository
Year: 2006
OAI identifier: oai:digitalcommons.law.yale.edu:fss_papers-1091
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://digitalcommons.law.yale... (external link)
  • http://digitalcommons.law.yale... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.