TY  - BOOK
AU  - Beck,Thorsten
AU  - Demirguc-Kunt,Asli
AU  - Levine,Ross
ED  - World Bank.
TI  - Law, politics, and finance
T2  - Policy research working paper
AV  - HG3881.5.W57 
PY  - 2001///]
CY  - World Bank, Development Research Group, Finance
KW  - Commercial law
KW  - Financial institutions
KW  - Law and legislation
KW  - International finance
KW  - Law and economic development
N1  - "April 2001."; Title from title screen as viewed on Sept. 12, 2002; Includes bibliographical references (p. 42-45); Also available in print
N2  - 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
UR  - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-2585
ER  -