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Global Business, Local Law

The Indian Legal System as a Communal Resource in Foreign Investment Relations

By (author) Amanda Perry-Kessaris
Format: Paperback / softback
Publisher: Taylor & Francis Ltd, London, United Kingdom
Imprint: Routledge
Published: 9th Sep 2016
Dimensions: w 156mm h 234mm
Weight: 370g
ISBN-10: 113825018X
ISBN-13: 9781138250185
Barcode No: 9781138250185
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Synopsis
This volume establishes a theoretical framework for exploring the role of host state legal systems (courts and bureaucracies) in mediating relations between foreign investment, civil society and government actors. It then demonstrates the application of that framework in the context of the south Indian city of Bengaluru (formerly Bangalore). Drawing on the 'law-and-community' approach of Roger Cotterrell, the volume identifies three mechanisms through which law might, in theory, ensure that social relations are productive: by expressing any mutual trust which may hold actors together, by ensuring that actors participate fully in social life and by coordinating the differences that hold actors apart. Empirical data reveals that each of these legal mechanisms is at work in Bengaluru. However, their operation is limited and skewed by the extent to which actors use, abuse and/or avoid them. Furthermore, these legal mechanisms are being eroded as a direct result of the World Bank's 'investment climate' discourse, which privileges the interests and values of foreign investors over those of other actors.

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'Presenting her rich empirical research in an innovative analytical framework, Amanda Perry-Kessaris has produced a fascinating, highly original book. Ambitious, critical and thought-provoking, it will be of great interest not only to law and development specialists but also to readers more generally concerned with legal and social theory.' Roger Cotterrell, Queen Mary, University of London, UK