This paper focuses onthe effectsof international business law and its application in the economyfor past decades. This analysis determinesthe relationship between international business investments, its factorswith thegrowth of the economy. A detailed analysis is done in theprevious works in the area of international business law and the international business investment in the application of economicgrowth.Various factors such as the political based,Economical based, socio-cultural based, technological based and the legal based factorshave been discussed in order to improve the economic growth. This study incorporates the business theory, investmentand the international business law along withits impact on economic growth. Future research can be an analysis based on theentire system, business strategy, concept of investment, technology used, business model etc.which influence the business lawand business investmentin and also theimpact of business law in market structure and its efficiencyin detail.

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