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Availability of Credit and Secured Transactions in a Time of Crisis (Hardcover, New)
Loot Price: R3,060
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Availability of Credit and Secured Transactions in a Time of Crisis (Hardcover, New)
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In the light of the financial crisis, it has become clear that the
globalisation of financial markets has not been matched by the
globalisation of legal certainty relating to financial
transactions. The ability to give security influences not only the
cost of credit but also, in some cases, whether credit will be
available at all. Increasing the availability and lowering the cost
of credit can make an important contribution to international and
domestic economic development. Assessing the international
challenges posed by inefficient secured credit laws, this book
explores how these can be overcome to facilitate credit through
legal reforms. Leading authorities in the field address the key
issues surrounding the availability of credit, the role of banks in
economic development and financial crises, UNCITRAL's legislative
efforts, and international organisations and financial institutions
and their involvement in the reform of secured transactions law.
General
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