Abstract
Legal approximation, harmonization and unification became central for international cooperation in the twentieth century. According to some estimates, the second half of the twentieth century witnessed a 70 per cent increase in multilateral treaties setting common trade, investment and arbitration conditions, compared to what was the case in between 1850 and 1950 (Ku 2001: 4). It also gave boost to the development of model legislation in the framework of the International Institute for the Unification of Private Law (UNIDROIT), the United Nations Commission on International Trade Law (UNCITRAL) and other bodies; those model acts served examples in the process of legislative alignment. This phenomenon resulted from intensified transnational relations, from ever-increasing contacts among companies, civil societies and individuals, which led to the widening and deepening of the dialogue among various public bodies. In other words, private activities started to undermine the centrality of the state and the power of national boundaries. State authorities, therefore, increased their cooperation to provide a new set of regulations for both business and the non-profit sectors, and thus preserved their status in the regulation of various activities.
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© 2012 Tatiana Romanova
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Romanova, T. (2012). Legal Approximation in Energy: A New Approach for the European Union and Russia. In: Kuzemko, C., Belyi, A.V., Goldthau, A., Keating, M.F. (eds) Dynamics of Energy Governance in Europe and Russia. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230370944_2
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