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The choice of an executor is important, because the administration of the estate during probate is placed within his power. His familiarity with the nature of decedent’s family affairs, business, and investments together with his qualifications and experience should be considered. Normally, the courts permit the surviving spouse to be the administrator of the decedent [...]

Within the emerging markets, there has been a gradual realization, particularly as barriers to trade and capital have come down, that fixed or pegged exchange rate regimes may no longer be appropriate in an economic world dominated by high capital mobility. Furthermore, there has been an equal realization that exchange rate pegs of one type [...]