The General Concept of Public Policy and Law
The General Concept of Public Policy and Law

Summary/Abstract: This paper provides insight into the concept of public policy and its relationship to the law. The purpose of this paper is to describe how public policy is applied in the legal world, particularly in the field of internal commercial arbitration. The paper identifies the public policy dynamic and its applicability in various jurisdictions. The major issue confronting countries that use arbitration as a dispute resolution mechanism is the defence of public policy and its ever-changing complexities. The public policy process is said to be versatile since it operates under a variety of social, political, and economic situations. The guiding role of public policy forbids regulatory authorities from enacting legislation against it. This study uses a literature analysis to assess and draw conclusions about the general concept of public policy and law.

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