The second half of the 20th century was characterized by a worldwide trend in the development of foreign economic trade relations, and, as a consequence, the complication of the legal regulation of market relations in various international contracts: commercial, financial or cross-border provision of services.
In the context of globalization, which covered all spheres of society's life, the content of international trade turnover is changing. Its modern distinctive features are the following: the expansion of trade items (apart from the traditional trade in goods, also trade in services, intellectual property, capital is increasingly taking place); the emergence of new types of contracts (factoring, franchising, etc.); strengthening the role of universal international treaties on trade, services, intellectual property; the emergence of new world markets for currency and capital; stepping up of the activities of international economic organizations; introduction of new information technologies into the trade. The indicator of growth in international trade turnover is also the growth in exports.
The rapid growth of the modern world economy, the rapid development of economic and scientific and technical cooperation between different countries lead to the fact that “the world economy increasingly acquires the features of a single organism beyond which no state of the world can function properly”
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Approach to good faith in Civil Law jurisdictions.
- Approach to good faith in Common Law jurisdictions.....
- References.
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This document examines the role of good faith in international trade law, particularly within the context of the United Nations Convention on Contracts for the International Sale of Goods (CISG). It aims to analyze the historical development of the good faith principle, explore its application across various legal systems, and highlight its importance in ensuring uniform interpretation and application of international trade agreements.
- The principle of good faith in international trade law
- The historical development of the good faith principle
- The application of good faith across different legal systems
- The impact of good faith on the interpretation and application of the CISG
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter provides an overview of the growing importance of international trade law in the 20th century and the challenges posed by differences in national legal systems. It highlights the significance of the 1980 Vienna Convention on the International Sale of Goods (CISG) as a tool for harmonizing international trade law and promoting uniform application of its provisions.
- Approach to good faith in Civil Law jurisdictions.: This chapter examines the concept of good faith in Civil Law jurisdictions. It explores how different jurisdictions, such as Germany, Greece, and Portugal, have incorporated the concept of good faith into their legal systems and how this principle influences the interpretation and application of contracts.
- Approach to good faith in Common Law jurisdictions.....: This chapter focuses on the concept of good faith in Common Law jurisdictions. It explores the evolution of the good faith principle in Common Law, examining how it has been applied in various legal contexts and how it interacts with other legal principles.
Schlüsselwörter (Keywords)
This text focuses on the concept of good faith, its historical development, and its application in international trade law. It examines the Vienna Convention on the International Sale of Goods (CISG), the Unidroit Principles, and various legal systems to explore the relevance of good faith in contractual interpretation and performance. It analyzes different legal concepts such as abuse of law, the principle of good faith, and the concept of bona fides.
- Quote paper
- Nadiia Kudriashova (Author), 2016, The role of good faith in international sales law, Munich, GRIN Verlag, https://www.grin.com/document/459658
