A comprehensive presentation of the use of economics in judicial decisions, the book is structured to provide all the foundational concepts that are important for the application of economics to the development and interpretation of statutes that emanate from economic conditions. The diversity of the economic field defines the scope of the book and its relevance to the study of law and rule adjudication. Beyond the positive dimensions of law and economics, the book evaluates the normative aspects of law and economics when laws are imprecise, and markets are inefficient. The ethical scope of transactions and rule adjudication are further considered in the context of professional ethics and the rationale for ethical considerations in the practice of law and economics. It presents a unique analysis of law, finance, and economics, by taking a look at the intricate quantitative requirements that are essential for scientific knowledge in the courtroom and the international dimensions of the practice of law and economics beyond municipal frontiers. It alerts entrepreneurs to risk exposures in the global economy and provides foundational information for readers who are also interested in international law and economics, and the essence and interpretations of international conventions appertaining to money, expropriation, the environment, and investments in international financial markets. This book is a useful reference for both undergraduate and graduate students who are interested in law and economics, forensic economics, corporate white-collar crime, and legal studies. It is also valuable for certificate programs for paralegals who wish to have a basic understanding of economic and financial concepts.
This book provides a unique combination of history, politics, and economics to rationalize the progression of underdevelopment in Sierra Leone, and the challenges of economic growth and development confronting some Sub-Saharan African countries. It concisely presents the internal frictions that are most responsible for the underdevelopment of Sierra Leonean since 1961, while also benchmarking the performance of the country with some countries in the subregion, Europe, the US, Latin America, and Asia. It highlights the external threats that are highly capable of stifling the economic growth and sustainable development of the country, including sovereign debt, the paucity of human capital, the use of natural resources, and external shocks. The central concepts of analysis include the premise for underdevelopment, contexts for business strategies and rivalry in an underdeveloped economy, economic growth, productivity, sustainable development, international trade, and threats to macroeconomic stability in the form of volatile commodity prices, loss of competitiveness, inaccessible foreign markets, deficient healthcare infrastructure, the cost of unsustainable sovereign debt, and the viability of long-term investments. The book has been intentionally developed for all those who are strongly interested in the political economy of Sub-Saharan Africa (with particular emphasis on Sierra Leone), empirical work on economic growth and development, academic instruction on international political economy, international organizations, and policymakers.
There is no book on the market that currently deals with the multifarious dimensions of law and economics to prepare students for the legal issues in law and economics, at home and abroad. It is unique because it incorporates all the main aspects of economics that are essential for the practice of law. It includes microeconomics, macroeconomics, econometrics, finance, professional ethics, and international economics. The book has been written for all those who are interested in mastering the economic and financial theories that provide advantages in the analysis and practice of law and economics.
The West African Methodist Collegiate School 1911-2021 presents an intricate analysis of challenging missionary work in Sierra Leone and West Africa. In meticulous detail, the book revisits an era that spans the slave trade and the manumission of slaves, and examines the ways that missionaries helped to educate former slaves and free men for a viable form of existence. The checkered history of the school chronicles the adversities, courage, and determination of men who dared to preserve an educational institution that was designed to provide religious and secular education. In more elaborate terms, the book reveals how changing circumstances and conditions of the twenty-first century can obscure a nineteenth-century concept when socioeconomic challenges and the vicissitudes of war and epidemics become too overpowering.
The Development of International Monetary Policy traces the development of international monetary policy from mercantilism to quantitative easing. It has been structured to present some of the pressing issues in international monetary relations involving currency valuation, inflation, exchange rates, and regional monetary policy. Additionally, it presents international monetary law as a basis for understanding the concept of monetary sovereignty and the limits of state autonomy in an interdependent world of legal arrangements. The book revisits some controversial arguments about stagflation and expansionary monetary policy, and it uses current time series data and empirical evidence to show why theories about the trade-off between inflation and unemployment are not extinct. Part of the concluding argument indicates that it is imperative for the international community to have a structure for monetary dispute resolutions involving autonomous states. Notably, the author further concludes that fiat money will continue to be a dominant unit of account, more so than crypto-currencies, into the distant future. An accessible and practical read, this is book is a valuable resource for postgraduates, academics and researchers of international trade, finance and economics.
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