The Globalization of Corporate Insolvency Regimes: Law, International Institutions, Professions, and Nation-States

本项目为强大的全球机构（其内部和合作行为通常是无形的）如何为企业破产设定全球规范提供了基于经验的理论解释。研究人员试图了解游戏规则是如何由全球中心的金融和专业机构制定的，然后由外围国家经济的参与者在立法过程中进行谈判。本项目将先前的工作扩展到几个新的方向：国家市场的社会和网络结构到区域和全球层面，专业人员之间的相互作用，国家和金融机构在法律制定中争夺财产和管辖权的斗争，律师和全球化。这些主题围绕着发展一种法律制定的社会法律理论而统一起来，该理论扩展了法律递归性理论，密切关注从行动中的法律到书本上的法律的转变。研究人员采用了一个包含三个要素的研究设计：(1)他们将当前的发展背景与1973-1999年全球政治、社会和经济变化以及破产改革的横截面时间序列数据联系起来；(2)他们将继续采访和观察全球机构的关键参与者；(3)他们将进行六个案例研究，结合主要文献来源、与国家专家的磋商、国际金融机构的来源、二次分析和在每个国家的采访。通过这种方法，研究人员试图激发关于法律全球化的新生文献，并将法律注入跨学科辩论和市场全球化研究中。

This project provides an empirically-based theoretical interpretation of ways that powerful global institutions, whose internal and cooperative actions are usually invisible, set the global norms for business insolvencies. The researchers seek to understand how the rules of the game are set by financial and professional institutions in global centers and subsequently are negotiated in law-making by players in the peripheral national economies. This project extends prior work in several new directions: the social and network structuration of national markets to regional and global levels, the interplay among professionals, the state and financial institutions in struggles over property and jurisdictional rights in law-making, and lawyers and globalization. These themes are unified around developing a socio-legal theory of law-making that extends a theory of the recursivity of law to focus closely on the shift from law-in-action to law-on-the books. The researchers employ a research design with three elements: (1) they will contextualize present developments with a cross-sectional time-series data on political, social and economic change and bankruptcy reforms world-wide from 1973-1999; (2) they will continue interviews and observations of the key participants in global institutions; and (3) they will undertake six case studies which combine primary documentary sources, consultations with country specialists, sources from international financial institutions, secondary analysis, and interviews in each country. Through this approach, the researchers seek to stimulate the nascent literature on the globalization of law and to inject law into cross-disciplinary debates and research on globalization of markets.