Edited by Doctor Pitman Potter and Doctor Ljiljana Biukovic of the UBC Institute of Asian Research, this multi-contributed text offers an integrative theoretical and practical approach to the development of business laws in China, India, Indonesia, Hong Kong, Korea, Japan and Taiwan.
It includes an introduction to the theory of selective adaptation, which emphasizes the importance of understanding local conditions, legal cultures and institutional infrastructure for conducting successful business in foreign jurisdictions, and also offers a comprehensive analysis of national legal frameworks within which local business operates. The work is unique in connecting three levels of regulation of business - national, regional and international, providing useful direction and information on the interaction of legal rules in Asia and consequences of conducting business under such a complex net of legal rules.
Each chapter provides an overview of the business law system in the selected country, identifying key local issues and the adaptation of international regimes, eg: World Trade Organisation, and reviews local conditions and provides insight into their meaning, eg: property regime in Indonesia, with discussion of possible future developments. Each chapter also provides an appendix of current laws and regulations for the economy selected, as well as lists of text and electronic resources on business law and regulation.