Global Business, Local Law : The Indian Legal System as a Communal Resource in Foreign Investment Relations
Book Details
Format
Hardback or Cased Book
ISBN-10
0754645258
ISBN-13
9780754645252
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 2nd, 2008
Print length
198 Pages
Weight
453 grams
Product Classification:
International financeCommercial law
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Ksh 28,800.00
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Establishing a theoretical framework for exploring the role of host state legal systems (courts and bureaucracies) in mediating relations between foreign investment, civil society and government actors, this book demonstrates the application of that framework in the context of the south Indian city of Bengaluru (formerly Bangalore).
This volume establishes a theoretical framework for exploring the role of host state legal systems (courts and bureaucracies) in mediating relations between foreign investment, civil society and government actors. It then demonstrates the application of that framework in the context of the south Indian city of Bengaluru (formerly Bangalore). Drawing on the ''law-and-community'' approach of Roger Cotterrell, the volume identifies three mechanisms through which law might, in theory, ensure that social relations are productive: by expressing any mutual trust which may hold actors together, by ensuring that actors participate fully in social life and by coordinating the differences that hold actors apart. Empirical data reveals that each of these legal mechanisms is at work in Bengaluru. However, their operation is limited and skewed by the extent to which actors use, abuse and/or avoid them. Furthermore, these legal mechanisms are being eroded as a direct result of the World Bank''s ''investment climate'' discourse, which privileges the interests and values of foreign investors over those of other actors.
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