The Jurisprudence of Global Supply Networks: Legal Theory, Risk Distribution, And Contractual Sovereignty in Modern Commerce

Abstract

This review examines The Jurisprudence of Global Supply Networks: Legal Theory, Risk Distribution, and Contractual Sovereignty in Modern Commerce, which provides a comprehensive analysis of how legal frameworks are evolving to address the complexities of modern global supply chains. The review explores the book's examination of risk distribution mechanisms in interconnected supply networks, where traditional contractual approaches are being challenged by new business models and technological advancements. The review highlights the book's discussion of contractual sovereignty in cross-border commerce, examining how multinational corporations operate across multiple jurisdictions and the resulting challenges to traditional concepts of national sovereignty. It covers the book's integration of modern legal theories, including critical legal studies and global justice frameworks, to understand inequities in global supply chain governance. Key areas addressed in the review include the role of international institutions in shaping legal norms, the growing importance of corporate social responsibility and ESG standards, and the challenges of enforcing legal standards across diverse regulatory environments. The review also discusses the book's analysis of technological advancements' impact on legal frameworks, power dynamics within supply networks, and the integration of human rights law into corporate governance. The review concludes that the book serves as an essential resource for understanding how legal structures must adapt to govern modern commerce more ethically and equitably, bridging legal theory with practical insights for creating more just and sustainable global supply networks.

Key Words: Legal theory, risk distribution, contractual sovereignty, regulatory compliance, corporate accountability