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Licensed Unlicensed Requires Authentication Published by De Gruyter August 13, 2013

Balancing Acts: How to Cope with Major Catastrophes, particularly the Financial Crisis

  • Jaap Spier

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Abstract

We are on the eve of the materialisation of a series of major global risks. They pose unprecedented challenges, also for lawyers. If society at large does not change course radically, many people will be adversely affected. Traditionally, lawyers focus on ex post remedies. While that may be unavoidable in relation to the run-of-the-mill cases, it is not the most promising approach in relation to the colossal damage that will be caused by the looming global crises if we stick to business as usual. This contribution advocates a shift of paradigm. I doubt whether damages is a serious option. Instead, we should focus on preventive remedies.

About the author

Jaap Spier
Published Online: 2013-08-13
Published in Print: 2013-08

© 2013 Walter de Gruyter GmbH, Berlin/Boston

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