Law, politics, and finance
by Thorsten Beck
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.
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Edition Notes
Includes bibliographical references (p. 42-45).
Title from title screen as viewed on Sept. 12, 2002.
"April 2001."
Also available in print.
Mode of access: World Wide Web.
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| December 7, 2020 | Edited by MARC Bot | import existing book |
| December 5, 2010 | Edited by Open Library Bot | Added subjects from MARC records. |
| December 9, 2009 | Created by WorkBot | add works page |