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Summary The global financial crisis has contributed to the redirection of trade towards new markets outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift,...
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contracts induced by means of bribery are analyzed. It is stated that both nullity and voidability run counter to effective anti …-corruption. Therefore, it is argued that contracts induced by means of bribery should be valid. Furthermore, it is expounded that other …
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