Contractual Certainty in Internat'l Trad »

The apparent paradox presented by cultural/institutional diversity and contractual efficiency in cross-border business transactions is the focus of this volume of essays. The purpose of the volume is to build on this interdisciplinary exercise by adding empirical evidence to ongoing debates regarding enabling structures for international business, and by critically reviewing and discussing some of the propositions in the literature which contain interesting hypotheses on the effects of the internationalisation of markets on market co-ordination institutions and on the role of the state in the globalising economy.

Pt. I Introduction 1

1 Towards a Theoretical Framework for Contractual Certainty in Global Trade Volkmar Gessner Gessner, Volkmar 3

Pt. II Empirical Studies 29

2 Ethnic Networks, Extra-legal Certainty and Globalisation: Peering into the Diamond Industry Barak D. Richman Richman, Barak D. 31

3 The Role of Lex Mercatoria in Supporting Globalised Transactions: An Empirical Insight into the Governance Structure of the Timber Industry Wioletta Konradi Konradi, Wioletta 49

4 The Emergence of Transnational Cooperation in the Software Industry Thomas Dietz Dietz, Thomas Holger Nieswandt Nieswandt, Holger 87

5 Cross-Border Dispute Resolution from the Perspective of Mid-sized Law Firms: The Example of International Commercial Arbitration Fabian P. Sosa Sosa, Fabian P. 107

6 Structuring Transactions: The Case of Real Estate Finance John Flood Flood, John Eleni Skordaki Skordaki, Eleni 157

Pt. III Debates and New Approaches 173

7 Theories of Change - The Governance of Business Transactions in Globalising Economies Volkmar Gessner Gessner, Volkmar 175

8 Transnational Civil Regimes: Economic Globalisation and the Evolution of Commercial Law Gralf-Peter Calliess Calliess, Gralf-Peter 215

9 The Public and the Private in the Provision of Law for Global Transactions Gillian K. Hadfield Hadfield, Gillian K. 239

10 Institutional Designs in International Transactions - an Evolutionary Economics Perspective Jorg Freiling Freiling, Jorg 257

11 Global Trade: Changes in the Conceptualisation of Legal Certainty? Barbel R. Dorbeck-Jung Dorbeck-Jung, Barbel R. 289

12 Contractual Certainty versus Efficiency. The Historical and Institutional Context of Global TradeWolf Heydebrand Heydebrand, Wolf 313

Index 343