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portada Bankrupt: Global Lawmaking and Systemic Financial Crisis
Type
Physical Book
Author
Publisher
Year
2009
Language
English
Pages
536
Format
Hardcover
Dimensions
22.9x16x3.6 cm
Weight
0.84 kg.
ISBN
0804760748
ISBN13
9780804760744
Edition No.
1
Categories

Bankrupt: Global Lawmaking and Systemic Financial Crisis

Terence C. Halliday (Author) · Bruce G. Carruthers (Author) · Stanford University Press · Hardcover

Bankrupt: Global Lawmaking and Systemic Financial Crisis - Halliday, Terence C. ; Carruthers, Bruce G.

New Book Imported to South Africa
Delivery: 02 Dec - 11 Dec Shipping: 12 to 16 business days.
R 2,407
R 2,407

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Synopsis "Bankrupt: Global Lawmaking and Systemic Financial Crisis "

The Asian Financial Crisis dramatically illustrated the vulnerability of financial markets in emerging, transitional, and advanced economies. In response, international organizations insisted that legal reforms could help protect markets from financial breakdowns. Sitting at the nexus between the legal system and the market, corporate bankruptcy law ensures that the casualties of capitalism are treated in an orderly way. Halliday and Carruthers show how global actors--including the IMF, World Bank, UN, and international professional associations--developed comprehensive norms for corporate bankruptcy laws and how national policymakers responded in turn. Drawing on extensive fieldwork in China, Indonesia and Korea, the authors reveal how national policymakers contested and negotiated domestic laws in the context of global pressures. The first study of its kind, this book offers a theory of legal change to explain why global/local tensions produce implementation gaps. Through its analysis of globalization, this book has lessons for international organizations and developing and transition economies the world over.

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