A timely and apposite treatise on Papua New Guinea's economic
environment, this book explores business organizations law and
various aspects of commercial law in Papua New Guinea in a readable
and informative style.
Business and commerce is the twin engine that propels the
economy of a modern nation. They ensure steady economic growth and
development. In an age of globalization, they assume even greater
importance than at any time in human history. A nation risks being
marginalized or left behind in the race for a share of the world
economic market unless it ensures the stability of its business and
commercial sector. Trade regulation, good governance and democratic
institutions go hand in hand in guaranteeing political and social
equilibrium. As such the laws designed to facilitate trade and
commerce are a vital component of the political and social
equation.
This is a valuable book for law students, legal practitioners,
accountants and business executives, not only within Papua New
Guinea, but also in Australia and throughout the South Pacific.
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