INTRODUCTION
On
a recent trip back to Copenhagen, I was keen to revisit Christiania, a
social experiment where hippies squatted and rejected state control.
Originally set up in 1971 in a former military complex in Denmark’s
capital, it had continued in its existence and the population had grown,
but this hippie utopia was not thriving. Accommodation was in disrepair
and members of the community could not afford its repair costs. Rising
rents meant many were forced to leave the community and return to the
main state, one with law and order, whose economic prosperity could feed
them and their families.This is the impact that a state and its legal system can have on economic growth.
TYPES OF LEGAL SYSTEMS
I
am called to the bar in India, England & Wales and the DIFC in
Dubai. All three are common law jurisdictions where court judgments
become precedents binding on future judges of lower courts or hold
persuasive value for judges of courts having an equal ranking. The
common law system permits incremental advancement
