Developing Commercial Law in Transition Economies

Download Developing Commercial Law in Transition Economies PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis Developing Commercial Law in Transition Economies by : Cheryl Williamson Gray

Download or read book Developing Commercial Law in Transition Economies written by Cheryl Williamson Gray and published by World Bank Publications. This book was released on 1995 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Developing Commercial Law in Transition Economies

Download Developing Commercial Law in Transition Economies PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (847 download)

DOWNLOAD NOW!


Book Synopsis Developing Commercial Law in Transition Economies by : Gray

Download or read book Developing Commercial Law in Transition Economies written by Gray and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1995 Three things are essential to implement decentralized legal frameworks in any setting: reasonable laws, adequate institutions, and market-oriented incentives. The problem in transition economies is that all three must to a large extent be built from scratch. The question to ask at any point in time is not whether there is rule of law, but whether the country is moving in the right direction along all three dimensions. Implementing decentralized legal frameworks requires reasonable laws, adequate institutions, and market-oriented incentives. All three must exist together. Laws or institutions without each other or without a supportive framework of incentives are likely to lie dormant, while incentives by themselves will be frustrated without a reasonable legal framework and institutions to support and enforce them. Developing any of these elements is a major challenge, and progress along all three takes time. In transition economies, not only must new laws be drafted (a daunting task yet perhaps the easiest of the three) but they must be accompanied by the growth of supportive institutions (including formal judicial institutions and the watchdog institutions that we almost take for granted in advanced market economies). And they must be accompanied by economic reforms -- whether privatization (particularly with outside owners) or banking reforms -- that separate actors from the state and reinforce market-based incentives. Gray and Hendley use two case studies -- Hungarian bankruptcy law and Russian company law -- to illustrate the interaction of these three elements in practice. These cases illustrate their general view that Central Europe is somewhat further along on all three dimensions than Russia. Russia is not advanced in the development of either laws or institutions, among other reasons because it lacks Hungary's pre-war legacy of a legal tradition (Russia having never been a society or an economy ruled fundamentally by law) and because it launched economic reform much later. As for incentives, in both countries relevant actors exert weaker demand for proper implementation of the laws on the books -- weaker demand that there be stable rules of the game -- than one would expect in more mature market economies. The cases belie any simplistic notion that the rule of law can be mechanically dictated from above. Top-down reform of bankruptcy law in Hungary appears to have been at least marginally successful in changing expectations and behavior, partly because it stimulated the growth of new supporting institutions. It might have been more successful if other areas of government policy had created more complementary incentives, particularly in banks. Top-down reform of company law in Russia has had little impact to date on either institutional development or firm behavior. This paper -- a product of the Transition Economics Division, Policy Research Department -- was prepared for the John M. Olin Lecture Series at Harvard University.

The Legal Framework for Private Sector Development in a Transitional Economy

Download The Legal Framework for Private Sector Development in a Transitional Economy PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis The Legal Framework for Private Sector Development in a Transitional Economy by :

Download or read book The Legal Framework for Private Sector Development in a Transitional Economy written by and published by World Bank Publications. This book was released on 1991 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poland is rapidly developing a reasonable legal framework to support its transition to a market economy. Yet legal practice lags behind. Precedent and expertise must be built through training and experience.

The Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy

Download The Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis The Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy by : Pham van Thuyet

Download or read book The Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy written by Pham van Thuyet and published by World Bank Publications. This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Business of Transition

Download The Business of Transition PDF Online Free

Author :
Publisher :
ISBN 13 : 9781108274302
Total Pages : 288 pages
Book Rating : 4.2/5 (743 download)

DOWNLOAD NOW!


Book Synopsis The Business of Transition by : Melissa Crouch

Download or read book The Business of Transition written by Melissa Crouch and published by . This book was released on 2017 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary volume offers a timely reflection on law, development and economics through empirical and comparative perspectives on contemporary Myanmar. The book explores the business that takes place in times of major political change through law and development initiatives and foreign investment. The expert contributors to this volume identify the ways in which law reform creates new markets, embodies hopes of social transformation and is animated by economic gain. This book is an invitation to think carefully and critically about the intersection between law, development and economics in times of political transition. The chapters speak to a range of common issues - land rights, access to finance, economic development, the role of law including its potential and its limits, and the intersection between local actors, globalised ideas and the international community. This interdisciplinary book is for students, scholars and practitioners of law and development, Asian studies, political science and international relations.

Corporate Governance Lessons from Transition Economy Reforms

Download Corporate Governance Lessons from Transition Economy Reforms PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 0691229295
Total Pages : 434 pages
Book Rating : 4.6/5 (912 download)

DOWNLOAD NOW!


Book Synopsis Corporate Governance Lessons from Transition Economy Reforms by : Merritt B. Fox

Download or read book Corporate Governance Lessons from Transition Economy Reforms written by Merritt B. Fox and published by Princeton University Press. This book was released on 2021-04-13 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Governance Lessons from Transition Economy Reforms explores a timely topic at the intersection of economics, law, and policy reform. To date, most sophisticated theoretical work on corporate governance has focused on advanced market economies. In post-socialist countries, corporate finance and transition economics scholars have often done little more than convey the received theory to transition policymakers. This volume focuses, for the first time, on the reverse concern: what, if anything, do the reform experiences of transition countries teach about corporate governance theory more generally? To investigate this question, Merritt Fox and Michael Heller have assembled a stellar group of corporate governance theorists. The answers are startling. The principal essays approach the problem from three complementary perspectives that form the organizing themes of the book. The first part refines core corporate theory terms. The second presents important empirical work that explores the channels through which "good corporate governance" may link to the real economy. The final part links corporate governance theory to practical reforms. After fifteen years of experience, practice can now inform theory. Together, these essays present a comprehensive new view on a provocative theme. Written in an accessible style, they will be of interest to a broad range of scholars, commentators, and policymakers.

Transnational Business Law

Download Transnational Business Law PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 478 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Transnational Business Law by : Rumu Sarkar

Download or read book Transnational Business Law written by Rumu Sarkar and published by . This book was released on 2003 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: In developing countries, because of economic development pressures that deeply pervade all aspects of enterprise, international business transactions give rise to crucial issues that practitioners cannot afford to ignore. In this new book Rumu Sarkar, whose Development Law and International Finance has quickly taken its place as the preeminent theoretical analysis of the new legal discipline of development law, at last gives busy lawyers engaged in international business as practical a text as they could desire. Transnational Business Law shows that the decisions and strategies of lawyers involved in the hectic daily routines of creating and executing cross-border transactions can serve the best interests not only of their businesses but of economic development as well. In essence, this is a classic international business transactions handbook, with the overarching dimension of development law added. It offers detailed principles for structuring transactions, negotiating the underlying finance and related documents, and navigating dispute resolution mechanisms. It provides annotated forms, negotiating exercises, hypothetical examples, and actual case summaries and analyses. It presents economic development issues as they arise in such areas of activity as the following: cross-border financing of goods and services, technology transfers, and intellectual capital; structuring cross-border transactions through private equity, corporate debt, and multilateral development bank financing; managing commercial risks; negotiating debt work-outs for non-performing loans; mitigating non-commercial risks through credit enhancement strategies such as obtaining political risk insurance; and contracting for arbitration or other dispute resolution methods. Important factors such as 'long-arm' U.S. law, international legal regulation of business conduct, and relevant underlying local law and local legal traditions are all brought to bear on the issues when appropriate. Transnational Business Law will be especially useful to practitioners in developing countries whose legal decisions in relation to cross-border transactions often involve critical economic and political ramifications. Through her detailed exploration of how international transactions unfold within the context of economic development, Professor Sarkar greatly enhances the growth of a commitment among the international business community to achieve mutually constructive ways to conduct business between developed and developing countries.

Law Reform in Developing and Transitional States

Download Law Reform in Developing and Transitional States PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 0415378591
Total Pages : 449 pages
Book Rating : 4.4/5 (153 download)

DOWNLOAD NOW!


Book Synopsis Law Reform in Developing and Transitional States by : Timothy Lindsey

Download or read book Law Reform in Developing and Transitional States written by Timothy Lindsey and published by Taylor & Francis. This book was released on 2007 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This informative book examines examples of law reform projects in post-socialist and post-authoritarian states in Asia, identifies common problems, and proposes analytical frameworks for understanding them.

The Business of Transition

Download The Business of Transition PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1108416837
Total Pages : 313 pages
Book Rating : 4.1/5 (84 download)

DOWNLOAD NOW!


Book Synopsis The Business of Transition by : Melissa Crouch

Download or read book The Business of Transition written by Melissa Crouch and published by Cambridge University Press. This book was released on 2017-10-26 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely reflection on law, development and economics through empirical and comparative perspectives on the case of Myanmar.

Law and the Transition to Business Sustainability

Download Law and the Transition to Business Sustainability PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 331904723X
Total Pages : 153 pages
Book Rating : 4.3/5 (19 download)

DOWNLOAD NOW!


Book Synopsis Law and the Transition to Business Sustainability by : Daniel R. Cahoy

Download or read book Law and the Transition to Business Sustainability written by Daniel R. Cahoy and published by Springer. This book was released on 2014-06-30 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book expands on law-related research by examining the legal aspects of sustainability with a focus on the impact on business strategies. It recognizes that firms must adopt an integrated approach to law and sustainability, considering multiple disciplines and goals, and serve as a forum for bringing together scholarship from fields such as environmental law, energy, government regulation and intellectual property. Firms increasingly have an interest in transitioning to sustainable business practices that take into consideration the fact that global resources are finite and will be increasingly scarce. They acknowledge that current actions have social, economic and environmental consequences and employ options to ensure that future generations have the same options and benefits. Examples of sustainable practices increasingly employed by firms include the institutionalization of “whole life-cycle” analysis in marketing and product design, utilization of sustainable inputs and energy sources, tracking and reporting sustainability performance, attempting the valuation of future generation prosperity and happiness as a discounting mechanism, and integrating sustainability into firm culture and management goals. It is clear that law and regulation have an extremely important role to play in the transition to more sustainable business practices. Broadly stated, law can provide structure for firms responding to forces that pull transition by enabling sustainability leadership and competitive advantage through funding models, intellectual property rights and collaboration means. Additionally, law can work to push transition by compelling firms to act through regulatory structures, accounting and governance mechanisms.

Judicial Systems in Transition Economies

Download Judicial Systems in Transition Economies PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 9780821361894
Total Pages : 144 pages
Book Rating : 4.3/5 (618 download)

DOWNLOAD NOW!


Book Synopsis Judicial Systems in Transition Economies by : James Horton Anderson

Download or read book Judicial Systems in Transition Economies written by James Horton Anderson and published by World Bank Publications. This book was released on 2005 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Judicial Systems in Transition Economies' looks at the experience of countries in Central and Eastern Europe and the Baltics (CEE) and the Commonwealth of Independent States (CIS) as they reform their legal and judicial institutions to fit the needs of a market economy. The study shows, rather disturbingly, that less progress has been made in judicial reform than in most other areas of institutional reform in these countries. The transition from socialism to capitalism requires a fundamental reorientation of legal and judicial institutions. This study reviews the environment preceding reforms, forces that provoked and supported them, and the reform agendas undertaken in these countries since 1990. Against this background, it exposes the impact of reforms, implementation gaps, and the underlying determinants of success and failure. The report examines how courts have performed, and reveals their impact on public opinion and the business environment. It provides insight into linkages among reforms as well as linkages between reforms and public demand for a fair judiciary. The authors show that while each country presents different challenges and opportunities, certain lessons apply in most settings. Their insights and data would be useful to policy makers, judicial personnel, and those involved in reforming judiciaries. The study draws on numerous data sources. These include the World Bank, the European Bank for Reconstruction and Development (EBRD, the American Bar Association-Central European and Eurasian Law Initiative (ABA-CEELI), the World Values Survey, the World Economic Forum, and the University of Strathclyde.

Transitional Economies

Download Transitional Economies PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1403905398
Total Pages : 256 pages
Book Rating : 4.4/5 (39 download)

DOWNLOAD NOW!


Book Synopsis Transitional Economies by : Y. Kalyuzhnova

Download or read book Transitional Economies written by Y. Kalyuzhnova and published by Springer. This book was released on 2001-07-19 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of the countries of Central and Eastern Europe and the Commonwealth of Independent States international financial system was arguably one of the most profound changes experienced by the world economy in the 1990s. This book examines these countries in reforming their financial systems in the first decade of transition. Through case studies as well as more thematic approaches contributors deal with crucial elements of building a market-based financial system, the transformation of the banking sector, and non-bank reform and regulation of financial markets. They emphasise the importance of institution-building to the process of financial sector transformation and highlight the lessons to be learned from transitional financial experiences.

Building Big Business in Russia

Download Building Big Business in Russia PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1135147116
Total Pages : 243 pages
Book Rating : 4.1/5 (351 download)

DOWNLOAD NOW!


Book Synopsis Building Big Business in Russia by : Yuko Adachi

Download or read book Building Big Business in Russia written by Yuko Adachi and published by Routledge. This book was released on 2013-09-05 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the development of big business in Russia since the onset of market oriented reform in the early 1990s. It explains how privatized post-Soviet enterprises, many of which made little sense as business units, were transformed into functional firms able to operate in the environment of a market economy. It provides detailed case studies of three key companies – Yukos Oil Company, Siberian (Russian) Aluminium and Norilsk Nickel – all of which played a key role in Russia’s economic recovery after 1998, describing how these companies were created, run and have developed. It shows how Russian businesses during the 1990s routinely relied on practices not entirely compatible with formal rules, in particular in the area of corporate governance. The book fully explores the critical role played by informal corporate governance practices - such as share dilution, transfer pricing, asset stripping, limiting shareholders access to votes, and 'bankruptcy to order’ - as Russian big business developed during the 1990s. Unlike other studies on Russian corporate governance, this book highlights the ambiguous impact of informal corporate governance practices on the companies involved as commercial entities, and suggests that although their use proved costly to Russia’s business reputation, they helped core groups of owners/managers at the time to establish coherent business firms. Overall, the book shows that we cannot understand the nature of current economic changes in Russia without recognising the crucial role played by informal corporate governance practices in the creation and development of big business in post-Soviet Russia.

Enforcing Contracts in Transition Economies

Download Enforcing Contracts in Transition Economies PDF Online Free

Author :
Publisher : British Inst of International & Comparative
ISBN 13 : 9780903067591
Total Pages : 204 pages
Book Rating : 4.0/5 (675 download)

DOWNLOAD NOW!


Book Synopsis Enforcing Contracts in Transition Economies by : Mads Tønnesson Andenæs

Download or read book Enforcing Contracts in Transition Economies written by Mads Tønnesson Andenæs and published by British Inst of International & Comparative. This book was released on 2005 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important and incisive new book examines contractual enforcement mechanisms in Central and South-Eastern Europe and the Commonwealth of Independent States. The volume is an outcome of the cooperation between the European Bank for Reconstruction and Development and the British Institute of International and Comparative Law. The book highlights that after more than 13 years of transition, contract enforcement has not reached a stage where it provides the required basis for economic development. It requires sustained attention from national governments, regional bodies, and the international community. The book concludes by examining the appropriate way forward. The enforcement of contractual rights and obligations is a condition for economic development, and this book should appeal to a wide readership ranging from academics and practitioners to policy makers and the judiciary in both developed and developing economies.

Dilemmas of Transition in Post-Soviet Countries

Download Dilemmas of Transition in Post-Soviet Countries PDF Online Free

Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780830415908
Total Pages : 234 pages
Book Rating : 4.4/5 (159 download)

DOWNLOAD NOW!


Book Synopsis Dilemmas of Transition in Post-Soviet Countries by : Joel C. Moses

Download or read book Dilemmas of Transition in Post-Soviet Countries written by Joel C. Moses and published by Rowman & Littlefield. This book was released on 2003 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the tensions inherent in transition, this perceptive book offers a wide-ranging overview of the impact of democracy and capitalism on the former Soviet republics. Leading scholars assess the region's daunting problems in the key realms of privatization, democratization, foreign investment, agrarian reform, local governance, and market economics. The contributors argue that the central dilemma facing all these fledgling countries is the inherent contradiction between the immediate pursuit of privatization and foreign investment and the long-term policy goal of democratization. Offering both theoretical and comparative perspectives on the far-reaching implications of nation-building and democratic transition, this valuable study will enable both students and scholars to comprehend the unique difficulties of transition.

Law Reform in Developing and Transitional States

Download Law Reform in Developing and Transitional States PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1134182465
Total Pages : 448 pages
Book Rating : 4.1/5 (341 download)

DOWNLOAD NOW!


Book Synopsis Law Reform in Developing and Transitional States by : Tim Lindsey

Download or read book Law Reform in Developing and Transitional States written by Tim Lindsey and published by Routledge. This book was released on 2006-12-05 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This informative book examines examples of law reform projects in post-socialist and post-authoritarian states in Asia, identifies common problems, and proposes analytical frameworks for understanding them.

Company Law in the New Europe

Download Company Law in the New Europe PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1847204201
Total Pages : 379 pages
Book Rating : 4.8/5 (472 download)

DOWNLOAD NOW!


Book Synopsis Company Law in the New Europe by : Janet Dine

Download or read book Company Law in the New Europe written by Janet Dine and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study on the potential of law to ensure the social responsibility of a company is an innovative and important study. It is a topical contribution to the sociology of market economies in transition. It is a unique effort to provide detailed practical guidance for the design of the company law in developing economies in general and the new Europe in particular. Christian Joerges, European University Institute Florence, Italy This book provides comprehensive analysis of the recent enlargement of the EU, shedding light on the rationale behind the EU s decisions to enlarge, examining the side effects these choices have on a range of EU policies and particularly on the effect of the Acquis on candidate countries. Emphasis is placed on the area of company law, which occupies a central part in a country s economic planning and therefore its commercial law. Past enlargements are thoroughly explained and the potential impact of the new political landscape in Europe in the wake of the popular rejection of the European Constitutional Treaty on future enlargements is evaluated. A comparative methodology for commercial law drafting in transition and developing economies is put forward and the book concludes with a complete draft of a model company law for transition (and developing) economies. The aim is to provide a template for discussion. This book will be of great interest to those interested in considering the influence that the prospect of EU membership has on transition countries in general, the emphasis being on laws vital to emerging market economies, particularly commercial and company law.