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The Legal Business Environment

dc.date.accessioned2015-04-10T10:15:35Z
dc.date.available2015-04-10T10:15:35Z
dc.date.issued2008-04-15
dc.identifier.urihttp://hdl.handle.net/11540/3475
dc.description.abstractCommercial law determines how businesses are created, the ways contractual arrangements are structured, the enforcement of contracts, and how businesses close down. It governs lending, debt collection, the protection of consumers, the promotion of competition, as well as the assertion of property rights. In short, commercial law regulates all aspects of business activity. Countries and regions where the legal system functions effectively have an advantage in encouraging both local and foreign investment over those where the law is outdated, opaque, slow, and costly. At present, many of the commercial laws and associated processes of the Pacific island countries are outdated, placing their businesses at a severe competitive disadvantage.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleThe Legal Business Environment
dc.typeBriefs
dc.subject.expertCofinancing
dc.subject.expertDevelopment Financing
dc.subject.expertEconomic Development and Finance
dc.subject.expertFinance
dc.subject.expertFinancial Advisory Services
dc.subject.expertFinancial Assistance
dc.subject.expertFinancial Support
dc.subject.adbADB
dc.subject.adbSelf Financing
dc.subject.adbAid Financing
dc.subject.adbFinancial Aid
dc.subject.adbDevelopment Banks
dc.subject.adbProject Impact
dc.subject.naturalDevelopment Banks
dc.subject.naturalAsset allocation
dc.subject.naturalInvestment management
dc.subject.naturalCommercial documents
dc.title.seriesPacific Private Sector Policy Brief
dc.contributor.imprintAsian Development Bank
oar.themeFinance
oar.adminregionPacific Region
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.identifierOAR-003705
oar.authorAsian Development Bank
oar.importtrue
oar.googlescholar.linkpresenttrue


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