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Institutional Competition between Common Law and Civil Law
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Institutional Competition between Common Law and Civil Law

Theory and Policy
 eBook
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ISBN-13:
9783642546600
Einband:
eBook
Seiten:
475
Autor:
Michèle Schmiegelow
eBook Typ:
PDF
eBook Format:
PDF
Kopierschutz:
1 - PDF Watermark
Sprache:
Englisch
Beschreibung:

Part I: Introduction.- Part II: Testing the Economic Impact of Common Law and Civil Law in Today's Developed Countries.- Part III: Overcoming the Legacies of Colonial Transplants of Common Law and Civil Law in Developing Countries and of Socialist Legal Origin in Transforming Countries.- Part IV: Legal Cultures and Legal Reforms.- Part V: From Functional Comparisons to Strategic Choice.- Part VI: Conclusion.
This book addresses two countervailing challenges to theory and policy in law and economics. The first is the rise of legal origins theory, which denies the comparative law view of convergence between common law and civil law by the assertion of an economic superiority of common law. The second is the series of economic crises in the very financial markets on which that assertion was based. Both trends unsettled certainties about the rule of law and institutional economics.