Volume 8, Number 1 (January 1999)
ARTICLE
TOWARDS A MARKET ECONOMY: SECURITY DEVICES IN CHINA,
Guanghua Yu
TRANSLATIONS
COMMENTARY ON A VICTORY FOR "COMFORT WOMEN": JAPAN'S JUDICIAL
RECOGNITION OF MILITARY SEXUAL SLAVERY, Etsuro
Totsuka
THE "COMFORT WOMEN" CASE: JUDGMENT OF APRIL 27, 1989,
SHIMONOSEKI BRANCH, YAMAGUCHI
PREFECTURAL COURT, JAPAN, Taihei Okada
COMMENTS
FEDERAL MARITIME COMMISSION SANCTIONS ON JAPANESE CARRIERS: A CALL
FOR FAIRER METHODS OF RESOLVING DISPUTES, Randy L.
Baldemor
COMPARING APPLES TO ORANGES: LESSONS FROM THE FAILURE OF U.S. APPLE
EXPORTS TO JAPAN, Dustin R. Klinger
COMMUNITIES TAKE CONTROL OF CRIME: INCORPORATING THE CONFERENCING
MODEL INTO THE UNITED STATES JUVENILE JUSTICE SYSTEM, Amanda
Paye
THE POLITICS OF ADOPTIONS ACROSS BORDERS: WHOSE INTERESTS ARE
SERVED? (A LOOK AT THE EMERGING MARKET OF INFANTS FROM CHINA),
Michelle Van Leeuwen
CORPORATE GOVERNANCE REFORM IN RUSSIA: THE EFFECTIVENESS OF THE
1996 RUSSIAN COMPANY LAW, Gregory Wolk
TOWARDS A MARKET ECONOMY: SECURITY
DEVICES IN CHINA
Guanghua Yu
Abstract:
From 1949 to 1978, China’s economy was centrally directed under a
very rigid system of state planning. Under the planning system,
security devices were not widely used. The government drew specific
plans for enterprises and the Ministry of Finance used banks to
allocate the funds to enterprises or projects. The banks, however,
did not have to screen projects and monitor the use of funds after
disbursements. They merely distributed the money to enterprises and
collected the profits. Recognizing the shortcomings of central
planning based almost exclusively on public ownership over the means
of production, China embarked on an economic reform program in
1978. In 1993, China boldly declared that it would move towards a
market oriented economy. Security devices have played significant
roles in China’s reform towards a market oriented economy. Within a
period of twenty years, China has developed a sophisticated
understanding of the many security devices adopted in the West.
Secured transactions are now very popular. The central focus of
this article is to examine the various security devices under
Chinese law and practice. These security devices include the
deposit, the lien, the dian, the
mortgage, the pledge, and the guarantee. The strengths and
weaknesses of the legal provisions governing these security devices
are also discussed. As China does not fully guarantee the
convertibility of its currency into foreign currencies, a separate
discussion concerning the provision of security or guarantee to
foreign entities is provided.
COMMENTARY ON A VICTORY FOR “COMFORT
WOMEN”: JAPAN’S
JUDICIAL RECOGNITION OF MILITARY SEXUAL SLAVERY
Etsuro Totsuka
Abstract:
Despite international condemnation, Japan has done little to
recognize its responsibility for forcing over 200,000 “Comfort
Women” into sexual slavery for the Japanese Imperial Army during the
Second World War. However, in a landmark April 1998 decision, a
Japanese court ordered Japan to compensate three Korean “Comfort
Women.” This was the first time that a Japanese court found in
favor of foreign plaintiffs in a postwar compensation case. The
court held members of the Diet negligent under the State Tort
Liability Act for failing to enact a compensation law for the
“Comfort Women.” Although the judgement
will almost certainly be overturned, it should have widespread
political impact. The court’s extensive fact-finding regarding
“Comfort Women” will be hard to challenge and should bolster the
movement to have the Japanese Government compensate and restore
dignity to the “Comfort Women” victims.
THE “COMFORT WOMEN” CASE: JUDGMENT
OF APRIL 27, 1998,
SHIMONOSEKI
BRANCH, YAMAGUCHI PREFECTURAL COURT,
JAPAN
Translated by
Taihei Okada
Abstract: The
Court found in favor of three Korean “Comfort Women” plaintiffs
awarding monetary damages from the Defendant Japan for failure to
pass legislation redressing the harm caused to the “Comfort Women.”
FEDERAL MARITIME COMMISSION
SANCTIONS ON JAPANESE CARRIERS: A CALL FOR FAIRER METHODS OF
RESOLVING DISPUTES
Randy L.
Baldemor
Abstract: On
February 26, 1997, the U.S. Federal Maritime Commission imposed
sanctions upon Japanese shipping carriers for allegedly restrictive
port practices that existed in Japan. The Federal Maritime
Commission imposed the sanctions under Section 19 of the Merchant
Marine Act of 1920. Section 19 gives the Federal Maritime
Commission authority to make rules and regulations where conditions
unfavorable to shipping in the foreign trade exist. However, the
Japanese government does not control the port practices in Japan.
The Japan Harbor Transportation Authority, a private conglomeration
of labor unions, shippers, and other shipping entities in Japan,
regulates port practices through collective-bargaining
negotiations. By using Section 19 authority to force a change in
Japanese port practices, the U.S. Government unilaterally interfered
in internal labor-management relations within a foreign country.
Such action is unfair, in light of the fact that such
collective-bargaining agreements would be considered valid labor
agreements in the United States. In the future, the United States
should pursue other alternatives, such as the World Trade
Organization’s multilateral dispute resolution mechanism, to provide
a fairer method of resolving such disputes.
COMPARING APPLES TO
ORANGES: LESSONS FROM THE FAILURE
OF U.S. APPLE EXPORTS TO JAPAN
Dustin R.
Klinger
Abstract: In 1994, the United States and Japan agreed to permit
reciprocal fresh apple imports after decades of negotiations.
However, U.S. apple exports to Japan were a commercial failure.
Initial sales peaked in 1995, then
quickly declined, and no U.S. apples have been shipped to Japan
since 1997. The United States blames unfair regulations for this
failure. This Comment reviews the history of the U.S.-Japan apple
dispute, analyzes Japan’s apple import regulations, and concludes
that those regulations aggravated, but did not cause the commercial
failure of U.S. apple exports to Japan. Instead, U.S. apple exports
failed because of unexpected price competition from Japanese apples,
insufficient marketing efforts, and consumer rejection of the only
two varieties registered for export. Unless these underlying
problems are also addressed, efforts to reduce Japan’s regulatory
restrictions on apples will not lead to successful exports.
COMMUNITIES TAKE CONTROL OF CRIME:
INCORPORATING THE CONFERENCING MODEL INTO THE UNITED STATES JUVENILE
JUSTICE SYSTEM
Amanda L.
Paye
Abstract:
Juvenile crime is one of the preeminent concerns of many Western
societies today, yet the current retributive styles of justice that
purport to “get tough” on youth crime have not been effective. In
defiance of the “get tough” rhetoric, and despite the lack of
meaningful legislative recognition, communities are adjudicating
juvenile cases through alternative programs based on the Restorative
Justice theory. Because of the promising effects of Restorative
Justice on youth crime, New Zealand and Australia have taken the
bold step of restructuring their juvenile justice systems via
landmark legislation that incorporates an innovative “conferencing”
model. The model is a facilitated mediation in which offenders,
victims, families, and community members participate in the
resolution of the crime. The United States should follow suit by
adopting the elements of the New Zealand and Australian statutes to
incorporate conferencing into its juvenile justice system.
THE POLITICS OF ADOPTIONS ACROSS
BORDERS: WHOSE INTERESTS ARE SERVED? (A Look at the Emerging Market
of Infants from
China)
Michelle Van
Leeuwen
Abstract:
China is currently the leading source of babies for
intercountry adoption in the United
States. This Comment explores the causes of this
phenomenon, and the ability of the 1993
Hague Convention on Protection of Children and Cooperation in
Respect of Intercountry Adoption to
serve the interests of both the abandoned and orphaned children, and
the adoptive parents under these specific circumstances.
CORPORATE GOVERNANCE REFORM IN
RUSSIA: THE
EFFECTIVENESS OF THE 1996 RUSSIAN COMPANY LAW
Gregory
Wolk
Abstract:
During Post-Soviet privatization, widespread abuses of power in
Russian corporations contributed to the economic malaise in that
country. These abuses are attributed to the domination of firms by
senior management. In January 1996, the Russian Company Law went
into effect with very strong protections for minority shareholders
as a means to curb these abuses. This Comment analyzes the
effectiveness of the Russian Company Law in this regard over the
past three years. It concludes that the law has been moderately
successful given the extremely hostile conditions at the time of
enactment, and thus, it is a model for other transitional economies
in need of corporate governance reform.