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1234AbstractThedebateonglobalizationbecomesthefocusofattentioninacademiccirclesinrecentyears.Manysubjects,suchaseconomics,politicsandliterature,allbringforwardtheirspecialviewpointstoglobalization.Andwithanangleoflegalscience,thisarticleresearchestherelationshipbetweeneconomicglobalizationandinternationaleconomiclaw.Concretelytosay,itdiscussestheon-goingrevolutionininternationaleconomiclaw.Andwhattheglobalizationofeconomicisandhowitaffectsinternationaleconomiclawarethetwoproblemsitwillsolve.What’smore,theauthoralsopaysattentiontotheprospectofinternationallaw.Thecontentproceedsasfollows.I.Thefundamentaltheoryofeconomic5globalizationThispartbeginswiththecomplexsocialphenomenonofeconomicglobalization,givesitsconceptionanddrawsitsbasiccharactersbyacomparativeway.Andthenbasedontheanalysisofpresentconditionsofeconomic,thearticlegoesontosetforththesocialeffectofeconomicglobalization.II.TheeffectsofeconomicglobalizationuponinternationaleconomiclawTherearethreeproblemstobesettledinthispart.Firstly,ittreatsthemutualreactionbetweeneconomicandlaw.Economicisadeterminantfactoroflaw,andthedevelopmentofeconomicwillnecessarilyresultintherevolutionoflaw.Atthesametime,thelawwillreacttotheprogressofeconomic.Simplytosay,advancedlawmaysetconditionandrulesforeconomicactionandacceleratethestepofeconomic.Secondly,itoppugnstheglobalizationoflawtheory.Theauthor’sopinionisthattheglobalizationoflawisimpossibleandimpracticalnow.Sovereigntystateisstillthemainlegislator,buttheninspecialarea,suchasinternationaleconomiclaw,therehavebeensomeprominencechangesindeed.Sotheauthorprobesintofourkindsofeffectsofeconomicglobalizationuponinternationaleconomiclaw.i.Thestatusoftraditionalsovereigntyprinciplehas6changed.Thecountriesbasetheirequalrelationshiponthisfundamentalprincipleofinternationaleconomiclawallthetime.Istheprincipleoutdatednow?Ifnot,howtoprotectthemselvesbyusingthisprincipleandavoidthedisadvantageinfluencewhentheybenefitlittlefromtheprocedureofglobalization.Totheauthor,itisnecessarytohistoricallylookonthisprinciple’sbornanditsadaptationunderthechangingsocialenvironment.Inourtimes,economicprofitisthesupremething,soitisnotnewstomakemoreprofitbythetransformationofsovereignty.ii.Tostrengtheninternationalcooperationbecomesmoreimportantandnecessary.Theprogressofeconomicglobalizationglobalizesmanyproblemsanddrivesnewproblemsintolargerscope.Alltheproblemscan’tbesolvesbyoneortwoofthecountries,suchastheproblemofinternationalfinancesupervision,internationalenvironmentprotection,e-commerce,est..Tomakethepointclearer,theauthorespeciallygivesadetaileddemonstrationonthenecessityinfinancearea.iii.Therelationshipbetweenthestatesandthetransnationalcompanies(TNCs)becomescomplicated.Ontheonehand,theTNCsaretryingtogobeyondtheadministrationofthestates;ontheotherhand,theyhopethat7thecountriesnotonlycarryouttheirsocialfunctiontosettlealltheproblemstheybring,butalsocooperatewiththemtomakeprofit.Moreover,withverydifferentdevelopmentdegree,therelationshipbetweendevelopedcountries,undevelopedcountriesandtheTNCsshowsdifferenttendencyinevidence.DevelopedcountrieshaveperfectadministrationsystemsothattheyalwaysactasthespeakersoftheTNCs.Buttotheundevelopedcountriesthesituationismorecomplicated.Toavoidmarginalization,theyshouldattractmoreforeigninvestmentmeanwhiletheyfeelweaknessfacingtheproblemofadministratingtheforeigninvestment.Andthisistherealisticpuzzledomofallundevelopedcountries.iv.TheTNCsmakelargerimpactoninternationaleconomiclaw.Toprotectandembodytheirbenefit,mostoftheTNCsaretryingtousewaysasmanyaspossibletoinfluencelegislation.Onewayisformingusagebytheircontinuousaction,andtheotherwayisgivingpressuretohostcountryorhomecountryandaffectlegislationindirectly.III.Thedevelopmentofinternationaleconomiclaw.Inthislastpart,theauthorfirstlydisplaystheachievementontheunificationofinternationaleconomiclaw.Thatistosay,ininternationallevel,theunificationofinternationaleconomiclawisgottenbytheeffortofnumerous8internationalorganizations;indomesticlevel,countriesconsciouslymakeinternationaleconomiclawconvergence.Andthentheeconomicglobalizationwillspurittoahigherlever.Lastly,theauthorforecaststhefutureofinternationaleconomiclaw.Inherpoint,thecivilsocietywilloperatemoreduringtheprocessoflegislationandtheresearchofinternationaleconomiclawwillextendstoalargescalesothattheTran-subjectresearchwillbeurgent.91011121314•151617181920212223242526272829s30313233343536373839404142434445464748495051..52.53.545556575859