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Conceptualizing The Law Of Succession

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Chapter Summary

States are essentially populations of individuals in defined territories, each banded together with varying degrees of commitment to a common cause or identity and compliance with governing elite. State successions will continue to occur because there are strong centrifugal forces in the world. In the developed North, there are secessionist movements in Quebec, Northern Ireland and Chechnya. The global commercial impact of a state succession is closely related to its financial impact. Commercial obligations are basic building blocks of complex legal arrangements for managing the flow of goods, services and capital to and from the territories in which succession has taken place. International law manages state successions to minimize disruptions to the political economy, facilitate greater cooperation among participants and support the legitimate aspirations of territories that undergo succession.

Keywords: international law; state succession



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