The Case of Developing Nations
ABSTRACT
Over the years, the constant desire for justice, peace and the best interest of parties, especially in commercial disputes, has driven the course of conflict management from the traditional litigation formula towards negotiation, mediation, conciliation and arbitration.
In developing nations, the drift towards international arbitration is becoming a stronger and more regular terrain. In light of this, a debatable pertinent question to answer is whether this trend undermines the capacity of developing nations from developing robust legal systems and infringe upon the rule of law?