GLOBAL JUSTICE AND GLOBAL RULE OF LAW – LEGISLATIVE, EXECUTIVE AND JUDICIAL RESPONSE TO GLOBALIZATION

Abstract

Many a times economists, scholars, academicians etc. have made an attempt to describe and define Globalization. However, Globalization is an inclusive term, seeking to inscribe within its barriers a multitude of social, economic and political change which has come about due to a free exchange of not only goods and services but also of ideas, customs and exchanges of various kinds. The history of Globalization dates back from when man or rather civilizations travelled in search of better pastures from one place to another. Some believe that it all began when the early migrants moved out of Africa, taking with them their practices, adaptations and ideas, spreading them across the world. Therefore, geographical boundaries were broken down, causing these merchants, cultivators etc. to deliver their customs and products to a new land. This also meant that human interaction increased as the traditional boundaries to such interaction (spatial, cognitive and temporal) were broken down as globalization advanced.Though a clear precise date cannot be attributed to this process, we do know that this is an occurrence in existence from time immemorial. The roots of globalization can be traced back to the colonization of Asia, Africa, and the Americas by the dominant economic powers of Europe but many believe that with travel, came the methods of exchange, thus naturally attributing to the process little by little. The 1990’s however witnessed a breakthrough in this field, with a sudden upheaval of laws, breaking down of obstructive trade barriers and opening up the markets to what is today called a ‘global market’ of sorts.