Economic Law Reforms in the ASEAN Emerging Economies

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Publisher : Springer Nature
ISBN 13 : 9819915562
Total Pages : 229 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Economic Law Reforms in the ASEAN Emerging Economies by : Terukazu Suruga

Download or read book Economic Law Reforms in the ASEAN Emerging Economies written by Terukazu Suruga and published by Springer Nature. This book was released on 2023-05-30 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the periodic changes in the legal policies of the late-developing ASEAN countries, often known as the CLMV countries (Cambodia, Laos, Myanmar, and Vietnam), in their continuous path toward globalization after the collapse of the socialist bloc. The book also identifies the characteristics of the legal reforms in their present stage guided by the common framework under the ASEAN Economic Community (AEC) moving toward 2025. The first stage is illustrated by the ASEAN-style utilization of foreign investments as reflected in all investment laws and policies of CLMV countries in the 1990s, which featured entry control (as “sticks”) and investment incentives (as “carrots”). Those controls and incentives were the means to induce investors to assume various performance requirements to contribute to industrial policies. The second stage witnessed a shift toward enhanced liberalization as an endeavor toward the WTO accession during the 2000s, as seen in the integrated investment laws that appealed for the national treatment of foreign investors. At the same time, those investment laws emphasized the substantive provisions (e.g., fair and equitable treatment and indirect expropriation) and procedural protections (e.g., provision of Investor–State Dispute Resolution mechanisms) as an appeal for stabilization of the investment climate. The third stage of legal policy, as evidenced by the recent amendments to the investment laws, is newly focused on environmental and social considerations, which seems to be an indispensable response to the increasing social protests against the negative impacts of investment promotion. Simultaneously, the means of administrative controls over investors, established in the first stage, are uniquely utilized for the realization of new goals.

Economic Law Reforms in the ASEAN Emerging Economies

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Publisher :
ISBN 13 : 9789819915583
Total Pages : 0 pages
Book Rating : 4.9/5 (155 download)

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Book Synopsis Economic Law Reforms in the ASEAN Emerging Economies by : Terukazu Suruga

Download or read book Economic Law Reforms in the ASEAN Emerging Economies written by Terukazu Suruga and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the periodic changes in the legal policies of the late-developing ASEAN countries, often known as the CLMV countries (Cambodia, Laos, Myanmar, and Vietnam), in their continuous path toward globalization after the collapse of the socialist bloc. The book also identifies the characteristics of the legal reforms in their present stage guided by the common framework under the ASEAN Economic Community (AEC) moving toward 2025. The first stage is illustrated by the ASEAN-style utilization of foreign investments as reflected in all investment laws and policies of CLMV countries in the 1990s, which featured entry control (as "sticks") and investment incentives (as "carrots"). Those controls and incentives were the means to induce investors to assume various performance requirements to contribute to industrial policies. The second stage witnessed a shift toward enhanced liberalization as an endeavor toward the WTO accession during the 2000s, as seen in the integrated investment laws that appealed for the national treatment of foreign investors. At the same time, those investment laws emphasized the substantive provisions (e.g., fair and equitable treatment and indirect expropriation) and procedural protections (e.g., provision of Investor-State Dispute Resolution mechanisms) as an appeal for stabilization of the investment climate. The third stage of legal policy, as evidenced by the recent amendments to the investment laws, is newly focused on environmental and social considerations, which seems to be an indispensable response to the increasing social protests against the negative impacts of investment promotion. Simultaneously, the means of administrative controls over investors, established in the first stage, are uniquely utilized for the realization of new goals.

Insolvency Law Reforms in Asian Developing Countries

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Publisher : Springer Nature
ISBN 13 : 9811683026
Total Pages : 84 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Insolvency Law Reforms in Asian Developing Countries by : Yuka Kaneko

Download or read book Insolvency Law Reforms in Asian Developing Countries written by Yuka Kaneko and published by Springer Nature. This book was released on 2022-01-16 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the outcomes of the economic law reforms in Asian developing countries, guided by the leading international development financiers such as the World Bank and the Asian Development Bank. Included is a particular focus on the recent “insolvency law” reforms in the Asian emerging economies, such as Vietnam, Laos, and Myanmar. Such legal reforms are the results of the “transplant” of the model law provided by these donor agencies, a law that was created in the post-Asian Currency Crisis in the 1990s. This book therefore examines the outcomes of three decades of donor-guided legal reforms. Appropriately, it applies not only the static approach to the legal texts but also an empirical methodology through interview surveys of the corporate and financial sectors. Following the introduction in Chapter I, Chapter II reviews the basic theories and presents the methodological framework. Chapter III then analyzes the contents of insolvency law reforms in the major target countries, namely, Vietnam, Laos, and Myanmar. Chapter IV provides a closer investigation into the design choices of Myanmar’s 2020 Insolvency Law as a typical example of the law reform involving the inter-donor conflict of law models between the Asian Development Bank and Japan’s official development assistance project. Lastly, Chapter V applies an empirical approach to the functioning of insolvency law, through international collaboration for interview surveys with small and medium-sized enterprises (SMEs) and their financiers.

Law and Development in East and South-East Asia

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Publisher : Routledge
ISBN 13 : 1135795851
Total Pages : 401 pages
Book Rating : 4.1/5 (357 download)

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Book Synopsis Law and Development in East and South-East Asia by : Christoph Antons

Download or read book Law and Development in East and South-East Asia written by Christoph Antons and published by Routledge. This book was released on 2005-10-05 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1980s and 1990s Asian 'developmental states' attracted much attention in political science and economics literature, but the role of law in the economic development was neglected. It was only after the Asian crisis of 1997 that many analysts began to focus on a lack of regulation and transparency as a major factor triggering the crisis. The crucial questions now are how successful the current reforms will be, and which features of the Asian approach to commercial law will be resistant to reform pressures. This book examines the prospects for commercial law reform in Asia, giving particular attention to Japan and Singapore, as frequently cited role models for Asian developmentalism, and also examining development related business laws in countries such as China, Korea, Indonesia, Malaysia, Vietnam and the Philippines.

The ASEAN Region in Transition

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Publisher : Routledge
ISBN 13 : 0429801920
Total Pages : 234 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis The ASEAN Region in Transition by : Abu N. M. Wahid

Download or read book The ASEAN Region in Transition written by Abu N. M. Wahid and published by Routledge. This book was released on 2019-07-23 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997, this volume features analysis of one of the fastest growing areas in Asia for gross national product, trade and commerce: the Association of South East Asian Nations (ASEAN). Of its members, Singapore has achieved a GDP exceeding Spain, Ireland and New Zealand, with Brunei Darussalam close to that mark. The other four countries, on their current trajectories, are expected to soon join the Newly Industrialized Economies (NIE) of Asia which already include Hong Kong, Taiwan, South Korea and Singapore. This collaboration consists of six analyses of the six member countries of the ASEAN: Brunei’s socio-economic policies, Indonesia’s political and economic reforms, the implementation of the New Economic Policy (NEP) in Malaysia, the development policies in the Philippines, the successful role of socio-economic state intervention in Singapore and the double-digit growth conditions in Thailand.

The Political Economy of Trade Reform in Emerging Markets

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Publisher : Edward Elgar Publishing
ISBN 13 : 1848447299
Total Pages : 299 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis The Political Economy of Trade Reform in Emerging Markets by : Peter Draper

Download or read book The Political Economy of Trade Reform in Emerging Markets written by Peter Draper and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . few if any other recent volumes offer a historical perspective on evolving trade policy in several countries, this well-written, well-edited volume. . . is suitable for graduate and research libraries. M. Larudee, Choice This book is a refreshing reminder of the benefits of unilateral trade liberalisation in countries whose leaders dare. An important story told with clarity and authority. Ross Garnaut, The Australian National University, Australia That trade liberalization is good for emerging market economies, and not just for the rich ones, is now widely accepted by both economists and policy-makers. But the question remains: how can these reforms be implemented in practice? The answer to that important question lies in understanding the political economy of each reforming country. This book makes a splendid contribution to our understanding of this issue by examining the experience of several countries. It is therefore an important book to be read by, not just students and researchers, but also policy-makers worldwide. Jagdish Bhagwati, Columbia University, US This timely book brings fresh analysis to the important issue of trade policy reform in emerging markets. The subject matter and its significance are comprehensively introduced with a review of developing country liberalization since the 1980s providing an analytical framework for the seven country case studies that follow. The case studies (Australia, Brazil, Chile, India, Malaysia, New Zealand, and South Africa) cover a wide variety of political, historical and economic issues, but all make clear the important role that crisis, or the threat of it, plays in meaningful trade policy reform. This is of particular relevance in the current global financial crisis. These studies, together with the conclusions which are drawn from them, show how important the trade liberalization agenda remains in the 21st century. Written by a combination of both experts and practitioners, this highly topical book will make productive reading for policy makers concerned with trade policy in developed and developing countries, as well as scholars working in trade policy. Postgraduate students studying international business, international relations, economics, politics, and international law should not be without this book.

Civil Law Reforms in Post-Colonial Asia

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Publisher : Springer
ISBN 13 : 9789811362057
Total Pages : 180 pages
Book Rating : 4.3/5 (62 download)

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Book Synopsis Civil Law Reforms in Post-Colonial Asia by : Yuka Kaneko

Download or read book Civil Law Reforms in Post-Colonial Asia written by Yuka Kaneko and published by Springer. This book was released on 2020-08-15 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the legal systems of the late-developing countries of ASEAN (Cambodia, Laos, Myanmar, and Vietnam, often referred to as the CLMV countries). These nations are apt to be placed in an economically disadvantageous situation within the opportunity of communalization of legal systems being advanced by the ASEAN Economic Community (AEC) launched in 2015, and the book clarifies the dynamics of the changes within these legal systems. Concurrently, there is an intention to analyze the “legal system development support” that has continued to be provided to these countries since the mid-1990s via international development support from international organizations and developed countries including Japan. In particular, the emphasis has been on the area of civil law, where the main subject of Japan’s support has been centered on the civil code and civil procedure code. The legal system of the recipient country is complicated by the crisscrossing of the remnants of previous eras, from the inherent laws that have existed since before colonization, the laws of the colonial powers that were introduced during the colonial era (French law in Cambodia, Laos, and Vietnam; English law in Myanmar), the influence of socialist law after independence from colonization, and the path of modern industrialization and development, such that one country's legal system is the combination of all of these influences. For the reader to understand the dynamics of these changing laws, each chapter of the book combines two methodological perspectives. The first is to ascertain the spatial range as to how far the civil law extends across social phenomena. The second is a historical perspective in which the trends in legal changes will be understood on a time axis.

The ASEAN Way

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Publisher : International Monetary Fund
ISBN 13 : 1513558900
Total Pages : 311 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis The ASEAN Way by : Ms.Ana Corbacho

Download or read book The ASEAN Way written by Ms.Ana Corbacho and published by International Monetary Fund. This book was released on 2018-10-02 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies. The second part of the book looks at policy responses to global financial spillovers. The third and last part of the book elaborates on the challenges ahead for monetary policy, financial stability frameworks, and the deepening of financial markets.

ASEAN Law in the New Regional Economic Order

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Publisher : Cambridge University Press
ISBN 13 : 9781108949293
Total Pages : 450 pages
Book Rating : 4.9/5 (492 download)

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Book Synopsis ASEAN Law in the New Regional Economic Order by : Pasha L. Hsieh

Download or read book ASEAN Law in the New Regional Economic Order written by Pasha L. Hsieh and published by Cambridge University Press. This book was released on 2020-11-05 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fast-growing last decade of strong economic growth of the Association of Southeast Asian Nations (ASEAN) has played a critical role in Asia-Pacific regionalism and global trade. This book explores the concept of ASEAN law under the normative framework of the new regional economic order. It examines the roadmap of the new ASEAN Economic Community Blueprint 2025 by evaluating the impact of ASEAN trade agreements on domestic legislation on professional services, financial integration, investment disputes and digital trade. More importantly, it sheds light on the legal implications of ASEAN's agreements with China and India and the potential developments of mega-regional trade agreements such as the CPTPP and the RCEP. Hence, the legal analysis and case studies in the book offer a fresh view of Asia-Pacific integration and bridge the gap between academia and practice.

ASEAN Centrality and the ASEAN-US Economic Relationship

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Publisher :
ISBN 13 : 9780866382465
Total Pages : 75 pages
Book Rating : 4.3/5 (824 download)

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Book Synopsis ASEAN Centrality and the ASEAN-US Economic Relationship by : Peter A. Petri

Download or read book ASEAN Centrality and the ASEAN-US Economic Relationship written by Peter A. Petri and published by . This book was released on 2014-02-21 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through "centrality" in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development.

ASEAN Financial Integration

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Publisher : International Monetary Fund
ISBN 13 : 1498315283
Total Pages : 43 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis ASEAN Financial Integration by : Geert Almekinders

Download or read book ASEAN Financial Integration written by Geert Almekinders and published by International Monetary Fund. This book was released on 2015-02-23 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The establishment of the ASEAN Economic Community (AEC) at end-2015 has brought into sharp focus the issue of financial and economic integration in the region. This paper takes stock of ASEAN’s financial integration and prospects. ASEAN integration could accelerate in the years ahead; it will likely be a safe, gradual process consistent with the “ASEAN way” of consensus decision-making. Properly phased and sequenced, closer financial integration has the potential to help increase real incomes and accelerate real convergence within ASEAN and narrow the region’s gap with advanced Asia. Realizing the promise of financial integration will require ASEAN countries to make long-term investments in financial infrastructure. Policymakers can draw on the experience of their more advanced peers and of other regions. Gradualism and safeguards should not be excuses for inaction or financial protectionism. Reliance on flexible policy frameworks and a strengthened and tested regional financial safety net should be part of the agenda. Closer engagement with the Fund could also help.

ASEAN 2030

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Publisher : Brookings Institution Press
ISBN 13 : 4899740522
Total Pages : 340 pages
Book Rating : 4.8/5 (997 download)

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Book Synopsis ASEAN 2030 by : ADBI

Download or read book ASEAN 2030 written by ADBI and published by Brookings Institution Press. This book was released on 2016-03-08 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.

ASEAN and the Reform of Investor-State Dispute Settlement

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1802208259
Total Pages : 304 pages
Book Rating : 4.8/5 (22 download)

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Book Synopsis ASEAN and the Reform of Investor-State Dispute Settlement by : Calamita, Nicolas J.

Download or read book ASEAN and the Reform of Investor-State Dispute Settlement written by Calamita, Nicolas J. and published by Edward Elgar Publishing. This book was released on 2022-07-19 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reform of Investor-State Dispute Settlement (ISDS) is a subject of ongoing debate in international institutions, yet an ASEAN perspective on the subject has been largely absent to date. This book addresses that gap by presenting, analysing and assessing ISDS reform from an ASEAN perspective, taking into account the experience, needs and concerns of ASEAN as a community and of its member states.

The Political Economy of Educational Reforms and Capacity Development in Southeast Asia

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1402093772
Total Pages : 321 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis The Political Economy of Educational Reforms and Capacity Development in Southeast Asia by : Yasushi Hirosato

Download or read book The Political Economy of Educational Reforms and Capacity Development in Southeast Asia written by Yasushi Hirosato and published by Springer Science & Business Media. This book was released on 2009-02-07 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yasushi Hirosato and Yuto Kitamura Developing countries, including Southeast Asian countries, face an enormous challenge in ensuring equitable access to quality education in the context of deepening globalization and increasing international competition. They must simultaneously meet the goals of Education for All (EFA) at the basic education level and of developing a more sophisticated workforce required by the knowledge-based economy at the post-basic, especially tertiary, education level. To meet this challenge, developing countries need to reform/renovate their education systems and service deliveries as an integral part of national development. However, most of them have not yet fully developed the individual, institutional, and system capacities in undertaking necessary education reforms, especially under decentralization and privatization requiring new roles at various (central and local, or public and private) levels of administration and stakeholders. Provided that an ultimate vision of educational development and cooperation in the twenty-first century would be to develop indigenous capacity in engineering education reforms, this book analyzes the overall education reform context and capacity, including the status of sector program support using the sector-wide approach (SWAp)/program-based approach (PBA) in developing countries. We also address how different stakeholders have been interacting in order to promote equitable access to quality education, particularly from the perspectives of capacity development under the system of decentralization.

The Economics of Public Health Care Reform in Advanced and Emerging Economies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475583788
Total Pages : 381 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Economics of Public Health Care Reform in Advanced and Emerging Economies by : Mr.David Coady

Download or read book The Economics of Public Health Care Reform in Advanced and Emerging Economies written by Mr.David Coady and published by International Monetary Fund. This book was released on 2012-04-13 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using cross-country analysis and case studies, this book provides new insights and potential policy responses for the key fiscal policy challenges that both advanced and emerging economies will be facing.

SME Policy Index: ASEAN 2018 Boosting Competitiveness and Inclusive Growth

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264305327
Total Pages : 492 pages
Book Rating : 4.2/5 (643 download)

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Book Synopsis SME Policy Index: ASEAN 2018 Boosting Competitiveness and Inclusive Growth by : OECD

Download or read book SME Policy Index: ASEAN 2018 Boosting Competitiveness and Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2018-09-01 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SME Policy Index is a benchmarking tool for emerging economies to monitor and evaluate progress in policies that support small and medium-sized enterprises.

Changing Law and Contractual Relations under COVID-19

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Author :
Publisher : Springer Nature
ISBN 13 : 9811942382
Total Pages : 230 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Changing Law and Contractual Relations under COVID-19 by : Yuka Kaneko

Download or read book Changing Law and Contractual Relations under COVID-19 written by Yuka Kaneko and published by Springer Nature. This book was released on 2022-12-22 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 has changed not only human lives since the beginning of the year 2020, but systems of human society as well. Legal measures have been employed in every country to mandate the state’s control of human behavior in order to stop the pandemic. But the mode of legal control has differed by country, showing different results in terms of constraining the spread of infection. While the behavioral restrictions continue, the socio-economic impacts of the pandemic have been causing another catastrophe, particularly in the most vulnerable sectors of each society. Small and medium-sized enterprises (SMEs) are typical representatives of such vulnerable groups, compelled to assume the economic burdens of the pandemic that have been shifted from the larger economic actors that hold the advantage in contractual negotiations. Statistical data on infection status have revealed a great gap between countries, such as European nations reaching the level of several thousand deaths per one hundred thousand population, while most Asian countries have maintained a level of one or two digits. Even though COVID-19 affects the whole world, the redistribution of risks in the pandemic is a goal to be pursued in the socio-cultural context of each society. This book explores the law and social changes in Asian countries under the impact of COVID-19, with a particular focus on the social relations surrounding the SMEs. These form the center of contractual relations between various socio-economic actors and at the same time, are a direct counterpart of the governmental SME policies, peculiar to Asian interventionist governments. A comparative approach is taken, using the results of interview surveys based on structured questions conducted via research collaboration between the contributors from Japan as well as other Asian countries. A comparative analysis of the risk redistribution in the pandemic between countries that share similar preconditions is still possible and meaningful. The authors of this book hold the view that Asian countries have sufficient bases for international comparison, particularly on the risk reallocation in the SME sector, given the relatively well-controlled level of infection, presumably due to the similarity of cooperative social culture. Another basis for comparison is the similarity of the laws surrounding the business operation of SMEs since normal times, which makes it feasible to compare the difference in the pandemic. What risks should be reallocated between whom, and how?