Law & Economy

• Author: Mikena Karati
• Position: Tirana Business University, Albania
• Pages: 130-137

Vo

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. 1

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A

cademic Journal o

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Business,

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dministration, Law and Social Science

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II

PCCL Publishin

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, Graz-

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ustri

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SSN 2410-391

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cces online at www.ii

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30

Law

&

E

conom

y

Mi

k

e

n

a

K

a

r

a

t

i

T

irana Business

U

niversity,

A

lbania

Ab

str

a

c

t

I

n this topic we will discuss the interaction and interconnection between law and economy.

The analyze is divided in two major parts: First part gives us an interconnection conceptual

b

etween the law and economic discourse, while the second part is a systematic review o

f

international economic law. This analyze will be focused how the economic relationships

b

etween people and nations have been developed during time by causing new challenges for

law. The major part o

f

international economic law has been developed relatively during the

last years as a response to the international economic activity. Meanwhile with the growth o

f

international economic activity came also the growth in human connection in di erent nations,

so this interaction should be regulated by international law. The beginning of the development

of the international law, law used to be focused in legal relations between a country and a

foreign company by utilization of natural resources.

I

n this contest this analyze will utilize the

evolution of the primary international economic chosen law

.

Ke

y

words: economy, law, international

.

I

ntr

oduc

t

io

n

Human rights are an added value, when it comes to the

q

ualit

y

o

f

growth econom

y

and the s

p

eci

f‌i

c wa

y

o

f

the distribution inside a societ

y

. So, in this wa

y

the

y

shouldn’t

b

e consider as a restrictive economic growth, but as an economic develo

p

ment

f

rame,

which can in

f

orm economic

p

olic

y

and run the wel

f

are societ

y

indi



erent as

p

ects

where the s

p

ot light will be towards e

q

ualit

y

. Human rights can be an e



ective

tool to decrease the

p

overt

y

f

or three reasons: (a) Human rights law contributes in

rein

f

orcing and the social

p

rotection o

f

the grou

p

s through social mobilization and

accountabilit

y

strengthening mechanisms, (b) Human rights law rein

f

orces the law

j

o

b

by

em

ph

asizing non-

d

iscrimination, (c) Human rig

h

ts

b

ring a

h

ig

h

er a ention

towards law, a

f

actor that the locals are using, b

y

involving the authorities, the

y

are hiring new strategies

f

or social mobilization.

A

ccording to the discussions

f

or

economic develo

p

ment, s

p

ecialized in e

q

ualit

y

, non-discrimination is well known

.

E

conomic and social develo

p

ment

p

olic

y

, makes, treat women and mans in the same

wa

y

, which in the end o

f

the da

y

will indicate in economic growth.

Eq

ualit

y

and non

-discrimination will be used to im

p

rove the social network, b

y

educational results

.

1

.

M

et

h

o

d

o

l

og

y

Stud

y

ing methodolog

y

is totall

y

nature

q

ualit

y

. She takes secondar

y

data

f

rom

d

i



erent international re

p

orts connected to law and econom

y

. The

f‌i

rst and the

second

p

art o

f

the stud

y

f

ocus in a conce

p

tual discussing, a mirror o

f

debate between