Globalization vs. Localization in Legal Realm

14 Pages Posted: 28 May 2015 Last revised: 26 Mar 2020

See all articles by Suman Acharya

Suman Acharya

Independent; Nepal Rastra Bank

Date Written: May 26, 2015

Abstract

Globalization and localization are not antagonistic rather both are complementary concepts. Globalization seeks universal network, whereas localization seeks local network and customization process. Human have conquered time and space. It causes inevitability of the globalization. This process may be adverse to indigenous local values. However, local people have to adjust it so that local system may also be preserved and global competition may also be realized. This amalgamation process is 'glocalisation'. We can promote local concept in global arena that may concentrate the world into particular culture. Marketing and sensitization of local system may integrate both systems together. Ultimately, we seek the protection and promotion of human values and necessities that are irrespective of whether it is global or local. In legal realm, the activities of United Nations (UN), regional organization like South Asian Association for Regional Cooperation (SAARC), European Union (EU), African Union (AU), Association of South East Asian Nations (ASEAN), International Committee of Red Cross (ICRC) are supporting to unify legal concept in their objective areas. No nation can remain aloof from other that increases deeper integration and interconnectivity.

Keywords: globalizaion, localisation, glocalization, UN, ICRC, SAARC

Suggested Citation

Acharya, Suman and Acharya, Suman, Globalization vs. Localization in Legal Realm (May 26, 2015). Available at SSRN: https://ssrn.com/abstract=2610479 or http://dx.doi.org/10.2139/ssrn.2610479

Suman Acharya (Contact Author)

Nepal Rastra Bank ( email )

Nepal

Independent ( email )

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
2,116
Abstract Views
3,559
Rank
13,816
PlumX Metrics