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1 ERCL 1 (2005)

handle is hein.journals/ercl1 and id is 1 raw text is: Editorial The idea of building a European Contract Law was born in the 1990s. It re- presents an aspiration for the European Union to construct a harmonised set of principles and standards to govern contractual relations within the Single Market. The building blocks of European Contract Law can be discovered in European Union legislation, comparative enquiries into the similarities and differences between national legal systems, broader international sources of standards, and theoretical reflections on the appropriate principles for govern- ing transactions. The aspiration to build a common legal framework for con- tracts out of these diverse materials springs in part from the desire to realise the market freedoms on which the European Community was founded, and in part from a deeper search for common European values and principles of social justice that will enhance in economic matters the solidarity of the peoples of Europe. To realise these ambitions, a truly European journal for contract law is need- ed. It must both reflect the common ambitions and values of citizens of the European Union and also reflect the diversity of cultural and legal traditions. The journal must also embrace the variety and advanced state of legal scholar- ship presently flourishing in Europe, from the search for coherent doctrinal principles to the interdisciplinary studies of law with economics, politics, and sociology. The journal can establish a platform for debates about principles, discussions about effectiveness and efficiency of regulation, and suggestions for the best techniques for addressing modern challenges facing a transna- tional contract law, such as those challenges presented by electronic com- merce and other aspects of the information society. Not the least of these challenges and debates that needs to be considered are the various proposals for a European code of contract law or civil law more broadly. The European Review of Contract Law aims to provide the necessary plat- form for the examination of all these dimensions of the project of developing a European contract law. Each issue will typically include contributions dis- cussing proposed or recent European legislation that has an impact on the regulation of particular contracts or contracts in general. Further, each issue will typically include contributions on the broader issues of theory and fun- damental principle in European Contract Law. And special issues will be de- voted to especially important European developments. Contributions to the new journal can address issues concerning general principles for all contracts or reflect more concretely on the need for particularistic regulation of market sectors or special types of contracts. Articles can use a comparative law approach or concentrate solely on European Union sources and the acquis

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