State aid to banks : Europe’s response to the financial crisis (?)
Part of : Revue hellenique de droit international ; Vol.65, No.1, 2012, pages 81-103
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81-103
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Aspects économiques
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Abstract:
Under central planning, law was first and foremost an instrument of state control. Law in market economics is fundamentally different; it defines the rules of the game and gives individuals the rights and tools to enforce them. Where the rule of law in force, laws are applied fairly, transparently and even- handedly to all; individuals can assert and defend their rights; and the state s powers are defined and limited by law. People in countries with well-established rule of law rarely stop to wonder where it comes from.
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