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000705525 019__ $$a880929822
000705525 020__ $$a9783642546600$$qelectronic book
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000705525 020__ $$z9783642546594
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000705525 0247_ $$a10.1007/978-3-642-54660-0$$2doi
000705525 035__ $$aSP(OCoLC)ocn881244592
000705525 035__ $$aSP(OCoLC)881244592$$z(OCoLC)880929822
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000705525 049__ $$aISEA
000705525 050_4 $$aK487.E3
000705525 08204 $$a340.11$$223
000705525 24500 $$aInstitutional competition between common law and civil law$$h[electronic resource] :$$btheory and policy /$$cedited by Mich̀ele Schmiegelow, Henrik Schmiegelow.
000705525 264_1 $$aBerlin :$$bSpringer,$$c2014.
000705525 300__ $$a1 online resource.
000705525 336__ $$atext$$btxt$$2rdacontent
000705525 337__ $$acomputer$$bc$$2rdamedia
000705525 338__ $$aonline resource$$bcr$$2rdacarrier
000705525 504__ $$aIncludes bibliographical references.
000705525 506__ $$aAccess limited to authorized users.
000705525 520__ $$aThis 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. Meeting legal origins theory in its main areas of political science, sociology and economics, the book extends the interdisciplinary reach to neglected aspects of comparative law, legal history, dynamic econometric analysis and "quasi-natural experiments" with counterfactual evidence of different institutional regimes in divided countries. These combined methodological tools make tests of the economic impact of different legal origins much more reliable. This is shown for developed and newly industrialized countries as well as developing, transforming and emerging countries with or without financial center advantage, affected or not by financial crises. The Asian financial crises and the American subprime crisis have been, or could have been resolved using the resources of common law or civil law. These cases and data on access to justice in Africa, Asia and Latin America reveal the problem of substantive law remaining "law on the books" without efficient procedural rules and judicial structures. The single most striking common law-civil law divide is that lawyer-dominated common law procedure is slower and costlier than judge-managed civil law procedure. Countries as diverse as the Netherlands, Japan, and China show functional interaction between culture and law in legal reforms. Such interaction can reduce the occurrence of legal disputes as well as facilitate their resolution. It can use economic crises as catalysts for legal reforms or rely on regional integration, and it should replace the discredited method of legal "transplants" by sustained dialogue between legal advisors and all actors involved in legal reforms.
000705525 588__ $$aDescription based on print version record.
000705525 650_0 $$aLaw and economics.
000705525 650_0 $$aCompetition.
000705525 7001_ $$aSchmiegelow, Michèle,$$eeditor.
000705525 7001_ $$aSchmiegelow, Henrik,$$eeditor.
000705525 77608 $$iPrint version:$$tInstitutional competition between common law and civil law$$z9783642546594$$w(OCoLC)880401083
000705525 85280 $$bebk$$hSpringerLink
000705525 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-642-54660-0$$zOnline Access
000705525 909CO $$ooai:library.usi.edu:705525$$pGLOBAL_SET
000705525 980__ $$aEBOOK
000705525 980__ $$aBIB
000705525 982__ $$aEbook
000705525 983__ $$aOnline
000705525 994__ $$a92$$bISE