International Law
Providing a constitution for public international law, the United Nations was conceived during World War IIIn a global economy, law is globalising too. International law can refer to three things, public international law, private international law or conflict of laws and the law of supranational organizations.

Public international law concerns the relationships between sovereign nations. The United Nations, founded under the UN Charter and the Universal Declaration of Human Rights is the most important international organisation. It was established after the failure of the Versailles Treaty and World War II. Other international agreements, like the Geneva Conventions on the conduct of war and international bodies such as the International Labour Organisation, the World Trade Organisation, or the International Monetary Fund also form a growing part of public international law.

Conflict of Laws (or private international law in civil law jurisdictions) concerns which jurisdiction a legal dispute between private parties should be heard and which jurisdiction's law should be applied. Today businesses are increasingly capable of shifting capital and labour supply chains across borders, as well as trading with overseas businesses. This increases the number of disputes outside a unified legal framework and the enforceability of standard practices. Increasing numbers of businesses opt for commercial arbitration under the New York Convention 1958.

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