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Periodical article | Leiden University catalogue | WorldCat |
Title: | Legal Aspects of the Development of a Warehouse Receipts System in Ethiopia |
Author: | Teshome, Tilahun |
Year: | 2002 |
Periodical: | Recht in Afrika = Law in Africa = Droit en Afrique |
Issue: | 2 |
Pages: | 191-222 |
Language: | English |
Geographic term: | Ethiopia |
Subjects: | commercial law storage Development and Technology Economics and Trade Law, Human Rights and Violence |
Abstract: | For several years now, liberalization of Ethiopia's grain market has been on the priority agenda of all those concerned. Nevertheless, the market still suffers from deficiencies such as high seasonal price variability, low level of transparency and inadequate rewards for quality grains. One of the remedies recommended for such deficiencies is the effective implementation of the warehouse receipts system. It is widely held that, given the appropriate policy climate and a reliable legal regime, the warehouse receipts system would largely facilitate trade in agricultural commodities by serving significant marketing and financing functions. This article examines the following legal aspects of the warehouse receipts system: the warehouseman and his customers, negotiability of warehouse receipts, death or bankruptcy of partners, tax implications, electronic warehouse receipts, and the regulatory framework. Notes, ref., sum. |