Niels Petersson, historian at Sheffield Hallam University, uses the example of the German Reich to examine which mechanisms, actors and problems played a role in the globalization of economic and business law norms and which possibilities existed for the institutionalization of international economic relations. The period under study, from around 1890 to the beginning of the Great Depression, encompasses the rise and fall of a great wave of economic globalization, in the course of which increasingly more closely integrated world markets for numerous goods and capital emerged.