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Publication(Washington, DC: World Bank, 2013) Cissé, Hassane ; Muller, Sam ; Thomas, Chantal ; Wang, Chenguang ; Cissé, Hassane ; Muller, Sam ; Thomas, Chantal ; Wang, ChenguangThe World Bank legal review gathers this input from around the world and compiles it into a useful resource for all development practitioners and scholars. The subtitle of this volume, legal innovation and empowerment for development, highlights how the law can respond to the chal-lenges posed to development objectives in a world slowly emerging from an economic crisis. The focus on innovation is a call for new, imaginative strategies and ways of thinking about what the law can do in the development realm. The focus on empowerment is a deliberate attempt to place the law into the hands of the poor; to give them another tool with which to resist poverty. This volume shows some of the ways that the law can make an innovative and empowering difference in development scenarios. Development problems are complex and varied, and the theme of innovation and empowerment naturally has a broad scope. Consequently, this volume reaches far and wide. It considers the nature, promise, and limitations of legal innovation and legal empowerment. It looks at concrete examples in places such as Africa, the Asia-Pacific region, and Latin America. It considers developments in issues with universal application, such as the rights of the disabled and the effectiveness of asset recovery measures. The theme of legal innovation and empowerment for development complements substantive and institutional sensibilities in current development policy. Substantively, development policy discourse seems to have moved away from tacking hard toward statist policy or neoliberal policy. Although this brief introduction cannot do justice to the richness and complexity of these contributions, it does consider each focal point in turn.
The World Bank Legal Review, Volume 3 : International Financial Institutions and Global Legal Governance(World Bank, 2012) Cisse, Hassane ; Bradlow, Daniel D. ; Kingsbury, BenedictThe rule of law is not just a set of rules and their judicial application. As the third volume of the World Bank legal review makes clear in its subtitle, International Financial Institutions and Global Legal Governance, the law is also about policy making, institutional frameworks, international politics, development, and ultimately-freedom. The law broadens the scope of the questions that people ask, and so helps policy makers find solutions to complex, multifaceted problems. To do that effectively, however, legal research and legal practitioners must focus on how the law can support innovative and pragmatic responses to development challenges. The law also has a role to play at the micro level of community-driven development. Ethiopia, for example, has used intellectual property tools to renegotiate the distribution and selling arrangements of its coffee production with multinational enterprises. The results have benefited both local farmers and traders.
Publication(Washington, DC: World Bank and Brill, 2010) Westbrook, Lawrence ; Booth, Charles D. ; Paulus, Christoph G. ; Rajak, Harry ; Westbrook, LawrenceThe purpose of this book is to provide a coherent overview of the insolvency systems found around the world. Its intended audience includes academics, judges, lawyers, and policymakers. Its focus is on businesses rather than natural persons. The authors hope to give the reader a sense of some of the principal approaches to managing the general default of a business debtor. The authors will discuss the nature of the costs and benefits arising from the various policy choices legislators have made. In the process, they will emphasize the close interrelationship among various elements of an insolvency regime so that these elements can be viewed as part of an overall system and not just as a series of policy decisions about particular rules, such as the method of initiation of an insolvency case or the balance struck in setting the boundaries of an avoidance power. The organization of the book reflects our view of insolvency laws as complete systems, including not only the 'insolvency' or 'bankruptcy' code of a jurisdiction but also closely related laws and the institutional framework in which those laws are applied. The book takes a systematic approach to a variety of topics related to credit and insolvency regulation. The functional analysis starts with the study of debt enforcement, continues with an examination of general corporate insolvency legislation, corporate rehabilitation proceedings, informal workouts, employee rights, judicial and administrative institutions, and the considerations key to cross-border insolvency proceedings.