1.

Record Nr.

UNINA9910790742103321

Titolo

Availability of credit and secured transactions in a time of crisis / / edited by N. Orkun Akseli [[electronic resource]]

Pubbl/distr/stampa

Cambridge : , : Cambridge University Press, , 2013

ISBN

1-139-89117-0

1-107-70272-0

1-107-70370-0

1-107-68955-4

1-107-59814-1

1-139-22636-3

1-107-66671-6

Descrizione fisica

1 online resource (xiii, 311 pages) : digital, PDF file(s)

Disciplina

346.07/4

Soggetti

Security (Law)

Credit - Law and legislation

Financial crises

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Foreword / by Sir Roy Goode QC -- Introduction / N. Orkun Akseli -- Money, bank debt, and business cycles : between economic development and financial crises / David Bholat -- Secured transactions law reform, UNCITRAL, and the export of foreign legal models / Gerard McCormack -- Commentary on the availability of credit / Joanna Gray -- International organizations as global law-makers: seven shifts in practice for secured transactions law and beyond / Terrence C. Halliday -- The creation of international commercial law standards by international financial institutions -- why they do it and whether they should / Spiros V. Bazinas -- The power of secured transactions law and the challenge of its reform / Frederique Dahan -- Commentary on the involvement of international financial institutions in secured transactions law reform / Loukas Mistelis -- The utility and efficacy of the UNCITRAL legislative guide on secured transactions / Spiros V. Bazinas -- The utility and efficacy of the UN



convention on the assignment of receivables and the facilitation of credit / N. Orkun Akseli -- Commentary on the availability of credit and the utility and efficacy of the UNCITRAL's legislative efforts in secured transactions / Henry Deeb Gabriel -- How may international standards assist the law reform in England? / Anjanette H. Raymond -- Commentary on the international standards and the reform of English personal property securities law / Noel McGrath -- The UNCITRAL legislative guide to secured transactions as a model for law reform : some conclusions / Hugh Beale.

Sommario/riassunto

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.