Pure Economic Loss

<p>Pure economic loss is one of the most-discussed problems in the fields of tort and contract. How do we understand the various differences and similarities between these systems and what is the extent to which there is a common-core of agreement on this question?</p><p>This book takes a comparative approach to the subject exploring the principles policies and rules governing tortious liability for pure economic loss in a number of countries and legal systems across the world. The countries covered are USA Canada Japan Israel South Africa Japan Romania Croatia Denmark and Poland with the contributors taking a comparative fact-based approach through the use of hypothetical problems to analyze and then summarize the individual country’s tort approach. Using a fact-based questionnaire a tested taxonomy and a sophisticated comparative law methodology the authors convincingly demonstrate that there are liberal pragmatic and conservative regimes throughout the world. The recoverability of pure economic loss poses a generic question for these legal systems - it is not just a civil law versus common law issue. It will be of interest to students and academics studying tort law and comparative law in the different countries covered.</p>