Comparative Law ( Global Legal Realism as common sense) Essay

Comparative Law ( Global Legal Realism as common sense) - Essay Example eign case studies are generally cited in the local legal discourses within the United Kingdom and Nigeria, despite the existence of home-grown moral realism foundations reflecting the richness of the history of each country. The import of international bodies of law and provisions in both countries is normally regulated by realist and positivist influences. This paper will examine comparative legal culture, the role of realism and positivism in Nigerian and English legal systems. Watt (2006) argued that if comparative researches on law were basically aimed at upholding their consistency in teaching the effect of global developments on the already available local cultures; how they interweave and merge; and their persistence, then the focus of interacting systems should be modified in order to guarantee a higher level of consistency. The researcher seeks to assess the manner in which international comparative law as a faculty is impacted by the influences of globalization, especially the problems which such alterations portend for the procedural interests in comparative legal research and its philosophical commitments in realist and positivism. According to Watt (2006), the English legal culture is more dynamic and thus positivist as compared to the Nigerian realism. As such, the English culture’s predilection of acquiescing to trans-national or international frameworks of uniform law within the EU and intercontinental Treaties is based on empirical pr oofs that being more liberal and having in place similar laws would deliver equally acceptable laws. While Nigerian system is more realist and largely driven by religion and traditionalism, the English system is backed by authoritative knowledge obtained from scholarship, impacts of globalization and to a small extent, indigenous legal cultures. Nigerian positivist legal cultural influences are largely similar to those of the United Kingdom, most probably because the latter colonized the former and made a

International Paper Essay Example | Topics and Well Written Essays - 1000 words

International Paper - Essay Example In economic terms the GDP is defined as the, "total market value of all the goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports." In a layman's terms the GDP is the sum total of all the goods and services produced in a country in a given year. It's relevance to the business planning of the Big Auto Drive is that, it will give the company an idea on how it faired in comparison to the other similar companies and what kind of a role did it play in contributing to the GDP of the country. Another significance of the GDP is that it shows the position of the sellers and their products. Inflation is the, "persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services." (Robinson K., April 2007) In simple terms inflation is the rise in the value of commodity and fall in the value of money. The selection of Inflation as one of the macroeconomic measure of output and prices for the planning of the Big Auto Drive can be justified in many ways. Inflation has a direct impact on variables like consumption, savings and investment. Inflation affects the economic growth of the country and is the cause of higher levels of inequity in income. Relationship between macroeconomic variables and Big Auto Drive The sales data of the different commodities of Big Drive Auto shows a kind of uniform trend. The margin of disparity in sales from 98' to 07' is pretty much on an average level. For instance, table one illustrating the vehicle sales unit, shows that in the year 1998 the company sold 139 units followed by 160 in 99' then 145 in 00' and 133 in 01'. The highest number of unit sales achieved by the company was in the year 2003, the number of sold units accounting to 167. 2001 was the year the company sold the lowest number of units, 133. This shows that the difference between the maximum and the minimum number of sales in the span of 8 years from 98' to 07' is not very much. But one thing to be noted here is that from the year 03' on the sales have been on the higher side, in the 160's line. So the relevance of this data to the U.S GDP is that, the highest contribution made by the company to the country's economy in terms of vehicles' sale was in the year 2003. The data of an organizatio n also helps to map the growth rate of the GDP of a country. The fact that inflation leads to the rise in prices of goods and commodities is known to everyone. But the core knowledge of the effect of inflation on