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The Economic And Legal Framework Of The International Relations: A Conceptual Approach


  • Assist. Ph.D. Paul – Bogdan Zamfir

    (Constantin Brancusi University, Faculty of Economics and Business Administration, Targu-Jiu, Romania)


In practice, at the scale of world economy, reciprocal exchange activities between operators, takes place within an economic-legal determined framework. With regards to the international relationship, the economic and legal framework in the present context of the globalization of the world economy represents the matrix itself of their organization and development on the background of a strong participation of all the states to the world economic channel. An effective use of the legal instruments – which are structural elements of the economic and legal framework of the international relations – represents the sine qua non condition for developing mutually beneficial cooperation between the states.

Suggested Citation

  • Assist. Ph.D. Paul – Bogdan Zamfir, 2009. "The Economic And Legal Framework Of The International Relations: A Conceptual Approach," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13S), pages 134-143, November.
  • Handle: RePEc:aio:rteyej:v:1:y:2009:i:13s:p:134-143

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    References listed on IDEAS

    1. Mortensen, Dale T, 1999. "Equilibrium Unemployment Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(4), pages 889-914, November.
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    More about this item


    economic and legal framework; international economic relations; international economic negotiations; free trade; protection; trade agreement; trade treaty;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance


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