Кицмаришвили Д.Э. Понятие, предмет и место международного долгового права в системе международного экономического права

Abstract

In the context of globalization, the creation of a single economic space is Lex mercatoria as codified transnational law provides the necessary regulation of international trade operations, removing certain contradiction international nature of such operations and their regulation by national law, and eliminates the transaction costs associated with the application of national law to transnational trade relations that may hinder the development of the global market.