Law, politics, and finance by Thorsten Beck

Cover of: Law, politics, and finance | Thorsten Beck

Published in World Bank, Development Research Group, Finance .

Written in English

Read online

Subjects:

  • Law and economic development.,
  • International finance -- Law and legislation.,
  • Financial institutions -- Law and legislation.,
  • Commercial law.

About the Edition

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.

Edition Notes

Book details

StatementThorsten Beck, Asli Demirgüç-Kunt and Ross Levine.
SeriesPolicy research working paper ;, 2585, Policy research working papers (Online) ;, 2585.
ContributionsDemirgüç-Kunt, Aslı., Levine, Ross., World Bank. Development Research Group. Finance.
Classifications
LC ClassificationsHG3881.5.W57
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL3669209M
LC Control Number2002616014

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