ABSTRACT
These kinds of statutory changes have their parallels in the private sector and they have not been the only kind of legal responses to the global economy. There have been shifts in constitutional philosophy and approach as well. At the private level, corporate change and reform during this period of increasing globalization often has been typified by greater decentralization. Many of the same economic pressures that drive companies to seek more efficient structures as well as production processes are affecting domestic governance as well.
