Economic Theories of Contract and Contract Law, the Catalysts for Economic Development in Ghana Through Pareto Distribution of Resources

Economic Theories of Contract and Contract Law, the Catalysts for Economic Development in Ghana Through Pareto Distribution of Resources PDF Author: Frank Otoo
Publisher:
ISBN:
Category :
Languages : en
Pages : 6

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Book Description
Every economy in the world is deserving of proper and adequate management for sustenance of same with the view to promoting the well being of the citizenry. The economy must be managed to the extent that the citizenry will be free to enter into any bargain of their choice to make a living. It is an undisputable fact that contract is the linchpin of the relationship that exists among the people in the business community. The striving economy has, as its movers and shakers, the people who constitute the business community to move it along. The basis of providing congenial working environment is, among other things, for pareto improvement distribution of resources in order to create wealth among the people whilst poverty is reduced. It is against this backdrop that this paper seeks to analyze the economic theories of contract and contract law to unearth their potentialities as the catalysts for the economic development in Ghana. In so doing, the paper looks at the economic functions of contract law, the default rules, standard form contract, damages and penalty clauses from which to make inferences and draw conclusions.

Economic Theories of Contract and Contract Law, the Catalysts for Economic Development in Ghana Through Pareto Distribution of Resources

Economic Theories of Contract and Contract Law, the Catalysts for Economic Development in Ghana Through Pareto Distribution of Resources PDF Author: Frank Otoo
Publisher:
ISBN:
Category :
Languages : en
Pages : 6

Get Book Here

Book Description
Every economy in the world is deserving of proper and adequate management for sustenance of same with the view to promoting the well being of the citizenry. The economy must be managed to the extent that the citizenry will be free to enter into any bargain of their choice to make a living. It is an undisputable fact that contract is the linchpin of the relationship that exists among the people in the business community. The striving economy has, as its movers and shakers, the people who constitute the business community to move it along. The basis of providing congenial working environment is, among other things, for pareto improvement distribution of resources in order to create wealth among the people whilst poverty is reduced. It is against this backdrop that this paper seeks to analyze the economic theories of contract and contract law to unearth their potentialities as the catalysts for the economic development in Ghana. In so doing, the paper looks at the economic functions of contract law, the default rules, standard form contract, damages and penalty clauses from which to make inferences and draw conclusions.

Contract Law and Economic Development in Ghana and Nigeria

Contract Law and Economic Development in Ghana and Nigeria PDF Author: Samuel Kofi Date-Bah
Publisher:
ISBN:
Category : Contracts
Languages : en
Pages : 1332

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Book Description


Economic Development and Islamic Finance

Economic Development and Islamic Finance PDF Author: Zamir Iqbal
Publisher: World Bank Publications
ISBN: 0821399535
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.

Production-sharing Agreements

Production-sharing Agreements PDF Author: Kirsten Bindemann
Publisher:
ISBN: 9781901795158
Category : Oil and gas leases
Languages : en
Pages : 93

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Book Description


The Institutional Economics of Water

The Institutional Economics of Water PDF Author: R. Maria Saleth
Publisher: World Bank Publications
ISBN: 9780821356562
Category : Nature
Languages : en
Pages : 418

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Book Description
This publication examines issues of water sector reform and performance from the perspectives of institutional economics and political economic studies. The authors develop an alternative quantitative assessment methodology based on the principle of 'institutional ecology', as well as data collected from 127 water experts from 43 countries and regions around the world using a cross-country review of recent water sector reforms within an institutional transaction cost framework.

Yes, Africa Can

Yes, Africa Can PDF Author: Punam Chuhan-Pole
Publisher: World Bank Publications
ISBN: 0821387456
Category : Business & Economics
Languages : en
Pages : 497

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Book Description
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.

Leadership and Growth

Leadership and Growth PDF Author: David Brady
Publisher: World Bank Publications
ISBN: 0821381016
Category : Political Science
Languages : en
Pages : 304

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Book Description
Does leadership affect economic growth and development? Is leadership an exogenous determinant or an endogenous outcome of growth and development processes? Can we differentiate between the two? Do leaders decisions and actions vary in importance over various stages in the process, at least in successful cases? How important is choosing the right economic model? To what extent does leadership affect the explicit or implicit time horizons of policy choices? Is leadership an important determinant of inclusiveness in growth? In what ways do leaders build consensus or institutions to allow time for the economic plan to work? What challenges does economic success generate? How do successful leaders adapt to new problems such as income inequality and a rising middle class? Does the creation of new institutions play any role in solving these problems? Why do leaders often choose second best political economic compromises in economic development? This book has been prepared for the Commission on Growth and Development to evaluate the state of knowledge on the relationship between leadership and economic growth. It does not pretend to provide all the answers, but does review the evidence, identify insights and offers examples of leaders making decisions and acting in ways that enhance economic growth. It examines a variety of topics including leaders roles in: promoting national unity, building good solid institutions, choosing innovative and localized policies, and creating political consensus for long run policy implementation. Written by prominent academics and actual policy makers, Leadership and Growth seeks to create a better understanding of the role of leadership in growth and to encourage further studies of the role of leadership in economic growth.

The Strategy of Economic Development. (Third Printing.).

The Strategy of Economic Development. (Third Printing.). PDF Author: Albert Otto HIRSCHMAN
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Frontiers of Development Economics

Frontiers of Development Economics PDF Author: Gerald M. Meier
Publisher: World Bank Publications
ISBN: 9780195215922
Category : Business & Economics
Languages : en
Pages : 596

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Book Description
With contributions from 35 leading economists, this forward-looking book explores the future of development economics against the background of the past half-century of development thought and practice. Outstanding representatives of the past two generations of development economists assess development thinking at the turn of the century and look to the unsettled questions confronting the next generation.The volume offers a thorough analysis of the broad range of issues involved in development economics, and it is especially timely in its critique of what is needed in development theory and policy to reduce poverty. An overriding issue is whether in the future 'development economics' is to be regarded simply as applied economics or whether the nature and scope of development economics will constitute a need for a special development theory to supplement general economic theory.'Frontiers of Development Economics' is an ideal reference for all those working in the international development community.

The Triple Helix

The Triple Helix PDF Author: Henry Etzkowitz
Publisher: Routledge
ISBN: 1135925283
Category : Business & Economics
Languages : en
Pages : 177

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Book Description
A Triple Helix of university-industry-government interactions is the key to innovation in increasingly knowledge-based societies. As the creation, dissemination, and utilization of knowledge moves from the periphery to the center of industrial production and governance, the concept of innovation, in product and process, is itself being transformed. In its place is a new sense of 'innovation in innovation' - the restructuring and enhancement of the organizational arrangements and incentives that foster innovation. This triple helix intersection of relatively independent institutional spheres generates hybrid organizations such as technology transfer offices in universities, firms, and government research labs and business and financial support institutions such as angel networks and venture capital for new technology-based firms that are increasingly developing around the world. The Triple Helix describes this new innovation model and assists students, researchers, and policymakers in addressing such questions as: How do we enhance the role of universities in regional economic and social development? How can governments, at all levels, encourage citizens to take an active role in promoting innovation in innovation and, conversely, how can citizens so encourage their governments? How can firms collaborate with each other and with universities and government to become more innovative? What are the key elements and challenges to reaching these goals?