Rule Of Law And Transition To A Market Economy
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Rule Of Law And Transition To A Market Economy
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Author : European Commission for Democracy through Law
language : en
Publisher: Council of Europe
Release Date : 1994-01-01
Rule Of Law And Transition To A Market Economy written by European Commission for Democracy through Law and has been published by Council of Europe this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-01-01 with Political Science categories.
The Rule Of Law In The Market Economy
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Author : Andrzej Brzeski
language : en
Publisher:
Release Date : 2009
The Rule Of Law In The Market Economy written by Andrzej Brzeski and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Capitalism categories.
Proceedings from a colloquium
Law Capitalism And Power In Asia
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Author : Kanishka Jayasuriya
language : en
Publisher: Routledge
Release Date : 2006-06-19
Law Capitalism And Power In Asia written by Kanishka Jayasuriya and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-06-19 with Social Science categories.
A challenging and provocative book that contests the liberal assumption that the rule of law will go hand in hand with a transition to market-based economies and even democracy in East Asia. Using case studies from Hong Kong, China, Indonesia, Malaysia, Taiwan, Japan and Vietnam, the authors argue that the rule of law is in fact more likely to provide political elites with the means closely to control civil society. It is essential, therefore, to locate conceptions of judicial independence and the rule of law more generally within the ideological vocabulary of the state.
Developing Commercial Law In Transition Economies
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Author : Gray
language : en
Publisher:
Release Date : 1999
Developing Commercial Law In Transition Economies written by Gray and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Electronic books categories.
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.
Recharacterizing Restructuring
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Author : Kerry Rittich
language : en
Publisher: BRILL
Release Date : 2002-10-01
Recharacterizing Restructuring written by Kerry Rittich and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-10-01 with Law categories.
In the last decade, market-centered economic reforms have been implemented in a wide range of developing and transitional countries under the auspices of the international financial institutions. Whether or not they deliver the promised prosperity, they appear to be associated with widening economic inequality as well as disadvantage for particular social groups, among them women and workers. Recharacterizing Restructuring argues that such effects are neither temporary nor accidental. Instead, efforts to promote growth through greater efficiency inevitably engage distributive concerns. Change in the status of different groups is connected to the process of legal and institutional reform. Part I analyzes the place of law and institutional reform in current economic restructuring policies. Through post-realist legal analysis and institutional economics, it discusses the role of background legal rules in the allocation of resources and power among different groups. Part II traces how disadvantage might result for women in the course of economic reform, through an analysis of the World Bank's proposals for states in transition from plan to market economies. It considers such foundational issues as the place of unpaid work in economic activity, as well as the gendered nature of proposals to re-organize productive activity and the role of the state.
The Creation Of The Rule Of Law And The Legitimacy Of Property Rights
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Author : Karla Ruth Hoff
language : en
Publisher: World Bank Publications
Release Date : 2005
The Creation Of The Rule Of Law And The Legitimacy Of Property Rights written by Karla Ruth Hoff and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Economia en transicion categories.
"How does the lack of legitimacy of property rights affect the dynamics of the creation of the rule of law? The authors investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is possible, that those who have "stolen" assets cannot be fully protected under a change in the legal regime towards rule of law, and that the number of agents with control rights over assets is large. They show that a demand for broadly beneficial legal reform may not emerge because the expectation of weak legal institutions increases the expected relative return to stripping assets, and strippers may gain from a weak and corrupt state. The outcome can be inefficient even from the narrow perspective of the asset-strippers."
After The Big Bang
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Author : Karla Ruth Hoff
language : en
Publisher: World Bank Publications
Release Date : 2002
After The Big Bang written by Karla Ruth Hoff and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics categories.
With the collapse of comm ...
Developing Commercial Law In Transition Economies
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Author : Cheryl Williamson Gray
language : en
Publisher: World Bank Publications
Release Date : 1995
Developing Commercial Law In Transition Economies written by Cheryl Williamson Gray and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Commercial law categories.
Constitutions Markets And Law
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Author : Stefan Voigt
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002
Constitutions Markets And Law written by Stefan Voigt and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Papers from a workshop held at the Institute for Advanced Study, in Berlin, 2000.
The Rule Of Law And Economic Reform In Russia
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Author : Jeffery Sachs
language : en
Publisher: Westview Press
Release Date : 1997-06-06
The Rule Of Law And Economic Reform In Russia written by Jeffery Sachs and has been published by Westview Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-06-06 with Business & Economics categories.
This collection of essays examines how Russia's distinctive traditions of law-and lawlessness-are shaping the current struggle for economic reform in the country.