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ABSTRACT. Smits discusses the practical importance of harmonization of commercial contract law. Hatzis shows that Civil contract law is a fertile ground for economic analysis and is more efficient than Common contract law. Pomfret argues that it is not obvious whether regional/bilateral agreements are becoming a major feature of the global trading system. Trebilcock and Leng address the role of formal contract law and contract enforcement institutions in economic development.

 

DUMITRU VADUVA
 
 
 

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