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eBook details

• Title: Japanese Commercial Transactions and Sanctions Revisited: Sumitomo V. UFJ (Law in Japan: A Celebration of the Works of John Owen Haley)
• Author : Washington University Global Studies Law Review
• Release Date : January 22, 2009
• Genre: Politics & Current Events,Books,Professional & Technical,Law,
• Pages : * pages
• Size : 138 KB

Description

INTRODUCTION As Japan's "bubble economy" collapsed in 1989, Japanese government and industry turned to deregulatory policies as a way of restructuring the economy. As part of that process, formal law, legal institutions, and lawyers were all elevated as regulatory techniques. Rule-based, hierarchical controls became more visible, (1) At the same time, informal regulation through changing social norms, industry practices, and self-regulation tools such as codes of conduct and ethics emerged in new forms. I call this process the "re-regulation of Japan. (2)

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