Legal Integration of NAFTA through Supranational Adjudication
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There is a continuing debate about the importance of law to economic development.1 I have come away from that debate with the belief that law is not among the primary factors in development, but does have a material impact. It is even more plausible that law might matter to the evolution of a regional economic union. At the least, most observers would agree that the legal institutions of the European Union have become important in its development. The direction of the causality arrow as between economic and legal integration is fairly debatable, but it is probably an interactive relationship, each element feeding the growth of the other.