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Rules and Networks


ISBN13: 9781841132952
ISBN: 1841132950
Published: July 2003
Publisher: Hart Publishing
Format: Hardback
Price: Out of print



Since most explanations are dominated by North American and European legal scholarship and practice, a second concern of this book is to open up the discussion to competing explanatory frameworks. Specifically, it develops the notion that global legal convergence may not be the immediate, inevitable result of increased global economic interaction. Rather, less formal mechanisms for achieving normative understanding and predictability in business dealings may also flourish.

Contents:
Introduction - the legal culture of global business transactions, Volkmar Gressner et al.
Part 1 The new global environment of business transactions: sovereignty and law in a denationalized world, Michael Zurn; the institutional structuring of business transactions, Richard Whitley.
Part 2 The role of legal rules -state law and unified law: global law in our high speed economy, William E. Scheuerman; traditional private and commercial law rules under the pressure of global transactions - the role for an international order, Dieter Martiny.
Part 3 The role of autonomous rules - the new ""lex mercatoria"" and self-regulation: ""lex mercatoria"" (new law merchant) - globalization and international self-regulation, Filip De Ly; ""lex mercatoria"" - critical comments on a tricky topic, Felix Dasser; global markets, new games, new rules - the challenge of international private governance, Franco Furger.
Part 4 The role of the legal profession - mega-lawyers and in-house counsel: capital markets - those who can and cannot do the purest global law markets, John Flood; the role of global law firms in constructing or obstructing a transitional regime of labour law, Harry Arthurs; oil lawyers and the globalization of the Venezuelan oil industry, Rogelio Perez Perdomo.
Part 5 The role of business networks - relationism and ""guanxi"": social logic as business logic - ""guanxi"", trustworthiness and the emebeddedness of Chinese business practices, Wai-Keung Chung and Gary G. Hamilton; coasean foundations of a unified theory of Western and Chinese contractual practices and economic organizations, Janet Tai Landa; understanding Chinese legal business norms - a comment on Janet Tai Landa's chapter, John K.M. Ohnesorge; a brief note on ""guanxi"", Tai-lok Lui; comment on Ohnesorge and Lui, Janet Tai Landa; settling business disputes with China, Jerome A. Cohen.