The Role of Law and the Rule of Law in the Economic Development Process: Quest for New Directions and Approaches in International Development Law Regime

INTRODUCTION
“Trends of events in the international system appear to have clearly estab-
lished that developing countries have been placed in a weaker structural position in
the global-economy1 but also tend to be placed in a less dominant position on other
variable indicators”2 of power within the international system, including political,
military, and legal.3 Evidence also suggests that the international development