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The central question which this module will address is how Transnational law impacts on the future of law-making, supervision and enforcement of rules in a globalised world of transnational business and markets. Globalisation and polycentrality are phenomena that influence every aspect of the world society and challenge the efficiency and validity centralized law-making by the states. In a globalised world where business is mostly done at transnational level coupled with the pace that both economic and technology change, traditional national law-making is proving ineffective and as a result we have witnessed alternatives appearing, including from regional and international organisations but also from private transnational market actors too. The law has emerged from its national setting and presents itself as transnational which has important ramifications for policy making. A weekly topical issue related to Transnational Law will be discussed in depth. The discussions are based on readings and will follow a presentation of the readings. Potential issues which could be covered include: Is Transnational Law, Law?; The World Justice Forum Index; the Cape Town Convention; Climate Change as a Transnational Legal Order; private law-making in the diamond trade and financial markets; and Transnational lawyering.

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