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Dealing with Economic Failure

Between Norm and Practice (15th to 21st Century)

Edited By Albrecht Cordes and Margrit Schulte Beerbühl

Dealing with economic failure is one of the persistent and ubiquitous features of economic life. This volume brings together international scholars from several academic disciplines – economic and social history, legal history and law. They address a variety of different aspects on economic failure ranging from case studies on bankruptcy, insolvency, speculation, and strategies of coping with economic and financial squeezes. One focus throughout the book is on the in-betweens and the reciprocal impact of law and practice. The timeframe covers the period from the late middle ages to the present day. Irrespective of the temporal, spatial or cultural differences a slow and tedious evolution from a creditor-friendly to a more debtor-friendly perspective can be perceived. The chances for a fresh start have slightly improved.
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Jasper Kunstreich - Bankruptcy Laws as Standortpolitik – The Case of Hamburg 1850 to 1870


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Jasper Kunstreich

Bankruptcy Laws as Standortpolitik – The Case of Hamburg 1850 to 1870


Standortpolitik is one of those typically German compound nouns. The notion captures the practices and strategies by which governments try to attract business to their political jurisdiction. Calls for a more efficient Standortpolitik frequently occur in the press whenever companies announce the relocation of their production sites to a country with cheaper labour costs and lower tax rates.

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