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OverviewThe Asian Financial Crisis dramatically illustrated the vulnerability of financial markets in emerging, transitional, and advanced economies. In response, international organizations insisted that legal reforms could help protect markets from financial breakdowns. Sitting at the nexus between the legal system and the market, corporate bankruptcy law ensures that the casualties of capitalism are treated in an orderly way. Halliday and Carruthers show how global actors—including the IMF, World Bank, UN, and international professional associations—developed comprehensive norms for corporate bankruptcy laws and how national policymakers responded in turn. Drawing on extensive fieldwork in China, Indonesia and Korea, the authors reveal how national policymakers contested and negotiated domestic laws in the context of global pressures. The first study of its kind, this book offers a theory of legal change to explain why global/local tensions produce implementation gaps. Through its analysis of globalization, this book has lessons for international organizations and developing and transition economies the world over. Full Product DetailsAuthor: Terence C. Halliday , Bruce G. CarruthersPublisher: Stanford University Press Imprint: Stanford University Press Dimensions: Width: 15.20cm , Height: 91.60cm , Length: 22.90cm Weight: 0.839kg ISBN: 9780804760744ISBN 10: 0804760748 Pages: 536 Publication Date: 20 April 2009 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsThe first study of its kind, the book offers a theory of legal change to explain why global-local tensions produce implementation gaps. Through its analysis of globalization, this book has lessons for international organizations and developing and transitional economies the world over. -- Abstracts of Public Administration, Development, and Environment <br> This is an impressive book revealing how global norms are generated and put into practice in different countries. Based on hundreds of interviews from around the world, it is extremely well researched and theoretically innovative. It speaks to those interested in globalization, international political economy, and institutional change. It moves well beyond conventional studies of global diffusion. --John L. Campbell, Dartmouth College and Copenhagen Business School Author InformationTerence C. Halliday is Co-Director of the Center on Law and Globalization, the American Bar Foundation-University of Illinois College of Law. Bruce G. Carruthers is Gerald F. and Marjorie G. Fitzgerald Professor of Economic History in the Department of Sociology at Northwestern University. They are coauthors of Rescuing Business: The Making of Corporate Bankruptcy Law in England and the United States (1998). Tab Content 6Author Website:Countries AvailableAll regions |
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