ABSTRACT

The classical literature on the relation of law to economic development has seen the topic in terms of the relations of national laws, legal systems and legal occupations to national economies and technological advances. Both Robert Weber and the work of North use this approach, although each also discusses periods of early modern history predating the nation-state. The relationships of supply, cooperation and competition between the countries can serve as illustrative of those in the world economy as a whole, without the special factors introduced by the presence of a supranational organization in Europe, but with the possibility of examining the differences that can be introduced into the internationalizing process by the persistence of national legal cultures. In Korea professional training and legal practice remain fairly conservative, whereas members of the law faculty have studied, many of them, in the United States and are most sympathetic to the form of education for practice needed to support international high-technology trade.