Law, politics, and finance:

A country's legal origin, whether British, French, German, or Scandinavian, helps explain the development of its financial institutions today. Legal systems differ in their ability to facilitate private exchanges and to adapt to support new financial and commercial transactions. A country canno...

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Bibliographic Details
Main Author: Beck, Thorsten 1967- (Author)
Format: Electronic eBook
Language:English
Published: World Bank, Development Research Group, Finance [2001]
Series:World Bank E-Library Archive
Subjects:
Online Access:Volltext
Summary:A country's legal origin, whether British, French, German, or Scandinavian, helps explain the development of its financial institutions today. Legal systems differ in their ability to facilitate private exchanges and to adapt to support new financial and commercial transactions. A country cannot change its legal origin, but it can (with considerable effort) reform its judicial system by emphasizing the rights of outside investors, by providing more certain and efficient contract enforcement, and by creating a legal system that adapts more readily to changing economic conditions
Item Description:"April 2001.. - Title from title screen as viewed on Sept. 12, 2002. - Includes bibliographical references (p. 42-45)
Physical Description:1 Online-Ressource
DOI:10.1596/1813-9450-2585