LEADER 04442nam 2200649 450 001 9910825101303321 005 20200514202323.0 010 $a1-5099-0743-2 010 $a1-4742-0200-4 010 $a1-78225-391-2 024 7 $a10.5040/9781474202008 035 $a(CKB)2670000000578515 035 $a(EBL)1873346 035 $a(SSID)ssj0001382781 035 $a(PQKBManifestationID)11883771 035 $a(PQKBTitleCode)TC0001382781 035 $a(PQKBWorkID)11461125 035 $a(PQKB)10020279 035 $a(MiAaPQ)EBC1873346 035 $a(OCoLC)1154907062 035 $a(UtOrBLW)bpp09257419 035 $a(EXLCZ)992670000000578515 100 $a20141114h2014 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aGlobal order beyond law $ehow information and communication technologies facilitate relational contracting in international trade /$fThomas Dietz 210 1$aOxford ;$aPortland, Oregon :$cHart Publishing,$d2014. 215 $a1 online resource (272 p.) 225 1 $aInternational studies in the theory of private law ;$vv. 11 300 $aDescription based upon print version of record. 311 $a1-84946-540-1 311 $a1-322-34283-0 320 $aIncludes bibliographical references (pages 237-246) and index. 327 $gIntroduction --$tContract enforcement institutions --$tState-enforced contract law and the development of modern market economies --$tDoes globalisation lead to a decline of state contract law? --$tResearch design --$tScenario 1 : how German companies enforce contracts when buying software products in Asia and Eastern Europe --$tHow Bulgarian and Romanian firms enforce contracts when selling software products to OECD countries --$tHow Indian firms enforce contracts when selling software products to OECD countries --$tHow contracts between German buyers and suppliers from Bulgaria and Romania are enforced after Bulgaria and Romania entered the EU --$tOverall results --$tEconomic globalisation and the decline of state contract law --$tThe limits of international commercial arbitration --$tICT and the rise of informal contract enforcement institutions in global markets. 330 8 $aWell-functioning contract law is a crucial prerequisite for economic development. However, even though international trade has increased enormously in recent decades, we still know little about the contract enforcement mechanisms that exist in today's globalised markets. The aim of this work is to shed light on the governance of complex cross-border contracts by developing a comprehensive theoretical framework for understanding the relevance of both formal and informal institutions. This framework is then applied to an empirical study of cross-border software development contracts. Combining a unique data set of 41 qualitative expert interviews with statistical data and surveys, the author demonstrates that state contract laws show fundamental signs of dysfunction across borders. Companies engaged in globalised exchange therefore rarely use this mechanism. Even the European Union's supranational enforcement order is, in practice, insignificant. Against all expectations, international commercial arbitration also turns out to be limited in its ability to provide a workable legal infrastructure for global commerce. With global trade lacking a reliable formal legal order, companies have reacted by creating their own informal governance structures. This book explains how complex exchange in global markets has emerged in the absence of a global legal order 410 0$aInternational studies in the theory of private law ;$vv. 11. 606 $aContracts (International law) 606 $aForeign trade regulation 606 $2International economic & trade law 606 $aContracts (International law)$2fast$3(OCoLC)fst00877007 606 $aForeign trade regulation$2fast$3(OCoLC)fst00931923 615 0$aContracts (International law) 615 0$aForeign trade regulation. 615 7$aContracts (International law) 615 7$aForeign trade regulation. 676 $a343.1 700 $aDietz$b Thomas$c(Professor for Politics and Law)$0940798 801 0$bUtOrBLW 801 1$bUtOrBLW 801 2$bUkLoBP 906 $aBOOK 912 $a9910825101303321 996 $aGlobal order beyond law$93959480 997 $aUNINA