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Convergence and Divergence of Private Law in Asia

Convergence and Divergence of Private Law in Asia

Author: Gary Low
Publisher: Cambridge University Press
ISBN: 9781108475150
Published In: February 2022
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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There has been an increasing need for greater integration of many Asian economies, either within the confines of ASEAN or on a more geo-economically strategic scale including major Asian jurisdictions like China, Japan, and Korea. A number of key personalities within the regional legal fraternity have advanced views that such integration ought to occur through the harmonization of legal rules, arguing that in doing so, uncertainty and other transaction costs would be reduced and commercial confidence within the region concomitantly increased. This edited volume brings together eminent and promising scholars and practitioners to investigate what convergence and divergence means in their respective fields and for Asia. Interwoven in the details of each tale of convergence is whether and how convergence ought to take place, and in so choosing, what are the attendant consequences for that choice.

1. Introduction

Gary Low

2. Uniform law and the production and circulation of legal models

Luca Castellani

3. Convergence, divergence and diversity in financial law: The experience of the UNCITRAL model law and cross-border insolvency

Andrew Godwin

4. The New York convention and the UNCITRAL model law on international commercial arbitration: Existing models for legal convergence in Asia?

Michael Hwang

5. Convergences and divergences: Comparing contractual and organizational models in international regulatory cooperation

Fabrizio Cafaggi

6. Law as a market standard: Voluntary unification in contract and company law

Andreas Engert