Changing Law and Contractual Relations under COVID-19

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Changing Law and Contractual Relations under COVID-19: Reallocation of Social Risks in Asian SME Sectors
by Yuka Kaneko (Editor)
English | 2022 | ISBN: 9811942374 | 230 pages | True PDF,EPUB | 7.99 MB

COVID-19 has changed not only human lives since the beginning of the year 2020, but systems of human society as well. Legal measures have been employed in every country to mandate the state's control of human behavior in order to stop the pandemic. But the mode of legal control has differed by country, showing different results in terms of constraining the spread of infection. While the behavioral restrictions continue, the socio-economic impacts of the pandemic have been causing another catastrophe, particularly in the most vulnerable sectors of each society. Small and medium-sized enterprises (SMEs) are typical representatives of such vulnerable groups, compelled to assume the economic burdens of the pandemic that have been shifted from the larger economic actors that hold the advantage in contractual negotiations.

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