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The way in which formal contract enforcement becomes effective is a critically important but understudied question for … two basic-level courts in China, one in a more developed and the other in a less developed region. The level of economic … formal contract enforcement and economic development …
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We relate the design of contract law to the process of development. Contract law defines which private agreements are … contract which meets two conditions: (i) a judge responsible for the enforcement of the social contract and (ii) a set of non … evolution of contract law may be non-monotonic, which may explain why empirical studies fail to find a robust relationship …
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Judicial enforcement of contracts can have an effect on credit market performance because it influences the risk and costs of credit transactions. This paper documents this point by empirically investigating the relation between the efficiency of judicial systems and credit market development...
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ostasiatische Beziehungen sowie in weitere transnationale Beziehungen eines 'China Circle'. Die Kontinuität des chinesischen … develop a well-founded characterization of China as a specific variant of capitalism a market-liberal, competition … relations within a 'China Circle.' Nevertheless, the continuity of the Chinese trajectory is currently threatened by the crisis …
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