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LEGAL LANGUAGE AND WRITING

CIA 1 - ABSTRACTSUBMISSION

Project Report Submitted to Christ (Deemed to be University)


In Partial Fulfilment of Requirement for the Award of Degree of

BACHELORS OF BUSINESS
ADMINISTRATION(HONOURS) AND LEGUM
BACCALAUREUS

By
Manan Khandelwal

Submitted to
Prof.Vidya Ann Jacob

School of Law
Christ (Deemed to be University)
2018
Imbibing Efficient Economic Laws to Financial Institutions of Developing Countries
Abstract
Appropriate understanding and acceptance of laws regulating financial institutions should
now be regarded as an essential requirement within the modern business world. This paper
purports to analyse the laws governing financial institutions in Southern Asia, in comparison
to those regulating financial institutions in developed countries. The basic design of the paper
involves doctrinal research to reach a substantive conclusion. Financial institutions are
governed by laws which are influenced by the cultural norms and practices of their respective
regions. Efficient laws do not necessarily produce the desired outcomes. Several factors
determine the successful implementation of a law. The primary aim of this paper is to analyse
the implementation of laws governing efficient financial institutions throughout the global
economy. The paper suggests methods of implementing such laws in financial organizations
of the developing countries, modulated to the situation prevailing in such countries, to bring
about accurate and consistent results for the economy. The trail left behind by the law can be
judged based on the results produced. The regulation of the World Trade Organisation on
financial institutes have been analysed, to portray the repercussions of their policies in
developed and developing countries. The secondary aim of this paper is to suggest a
mechanism of World Trade Organisation’s policies being implemented in financial
organizations based on the economic conditions of the countries, so as to strike a balance
between ethical international trade practices and individualistic economic progress.

Keywords – Banking, International economic law, Efficiency, Economic growth, Ideological


similarities.
References
1. https://www.hg.org/economic-law.html
2. https://www.journals.uchicago.edu/doi/abs/10.1086/250042
3. https://www.wto.org/
4. https://academic.oup.com/wber/article/31/3/595/4471960
5. https://www.hwatai.com.tw/webpage/12/event/12_summer-download/d-04.pdf
6. http://www.unece.org/ceci0.html
7. https://everydayinternationallaw.blogspot.com/
8. David Eiteman, etl.,Multinational Business Finance , 12th Edition .
9. Clifford Gomez , Banking and Finance- Theory, law and practice,Print Book ISBN :
978-81-203-4237-8.
10. S.J Gray ,Towards a theory of cultural influence on the development of accounting
systems internationally, Abacus Journal, Volume 24; Issue 1.

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