Romania's evolving legal framework for private sector development
By: Cheryl W. Gray, Rebecca J. Hanson, and Peter G. Ianachkov.
Contributors: Hanson, Rebecca J.; I͡A︡nachkov, Petŭr.
Series: Policy research working papers ;; WPS 872
Publisher: Socialist Economies Reform Unit, Country Economics Dept. and Europe and Central Asia Division, Legal Dept., World Bank
Published: 1992
Place of publication: Washington, DC (1818 H St. NW, Washington 20433)
Language: eng
Number of pages: 27
Subjects: Commercial law -- Romania.; Property -- Romania.; Investments, Foreign -- Law and legislation -- Romania.; Romania -- Economic policy -- 1989-
Description: Romania started almost from scratch in 1990 to build a legal framework for a market economy and has made substantial progress. To bring that framework to life, institutions must enforce the laws and be able to resolve any disputes that arise, the public must accept that the laws are binding, and the laws must be filled in with detailed regulations and individual case practice. This takes time.
Notes: Includes bibliographical references (p. 27).
Cover title.
"March 1992."