International trade and economic growth are deeply interconnected with global administrative law, which provides the legal foundation for cross-border commerce, trade agreements, and investment policies. As nations become more interdependent, the need for a structured and transparent regulatory system is greater than ever. Global Administrative Law (GAL) plays a key role in ensuring fair competition, financial stability, and compliance with trade agreements.
The World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank have established rules that regulate global trade, including tariffs, intellectual property rights, and investment protections. These regulations create a stable business environment that encourages economic growth by reducing uncertainty and fostering international cooperation. However, despite these legal frameworks, challenges such as trade imbalances, protectionist policies, and market monopolization continue to threaten global economic stability.
