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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| Format: | eBook |
| Language: | English |
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World Bank, Development Research Group, Finance
2001
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| Series: | World Bank E-Library Archive
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| 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 |
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| Item Description: | "April 2001.". - Includes bibliographical references (p. 42-45). - Title from title screen as viewed on Sept. 12, 2002. - Mode of access: World Wide Web. |