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On top of that there is the problem of enforceability.
"It also adds a layer of enforceability".
And, to the question of enforceability, who is going to police the decision-making?
But if creditors are less seduced by the illusion of enforceability that foreign-law bonds offer, they may do a better job of pricing the risks.
Finally, courts foster principled decision-making in new governance processes by requiring transparency and accountability as essential elements of enforceability.
Problems of enforceability aside, campaigners say we should be up in arms about this step towards internet censorship.
But smart contracts pose a series of enforceability issues, which are outlined in a recent white paper by the London law firm Norton Rose Fulbright.
In the Zambian context, we found that there were comparatively few formal mechanisms of enforceability.
These shifts in attitude strengthened work norms related to HIV services, a critical internal mechanism of enforceability.
In developing a typology of accountability we additionally drew on Brinkerhoff's characterisation of accountability [ 39, 45] as the product of effective mechanisms of answerability and of enforceability.
The cessation of ART overtime payments during the transition period was another key factor, effectively removing the only formal mechanism of enforceability associated with ART service performance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com