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Rule Of Law And Economic Development


Rule Of Law And Economic Development
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The Law Growth Nexus


The Law Growth Nexus
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Author : Kenneth W. Dam
language : en
Publisher: Rowman & Littlefield
Release Date : 2007-08-29

The Law Growth Nexus written by Kenneth W. Dam and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-29 with Law categories.


An increasingly popular view holds that institutions--in particular, the rule of law--are the keys to unlocking the developing world's full growth potential. But what exactly does this mean? Which legal institutions matter and why? How can policymakers use this knowledge to promote growth? In The Law-Growth Nexus, Kenneth Dam brings five decades of experience as a legal scholar and policymaker to bear upon these questions. After reviewing the burgeoning literature on legal institutions and economic development, Dam unpacks the "rule of law" concept. Successive chapters analyze enforcement, contracts, and property rights—the three concepts that collectively define rule of law—and examine their roles in the real estate and financial sectors. Dam uses an extended analysis of China to assess the importance of the rule of law. This case study illustrates several of the book's central themes, including the difficulty of building a strong, independent judiciary and firstclass financial sector. The stark fact is that many parts of what we call the developing world have stopped developing, while other regions have seen a slowdown in once-promising growth. Could new or better legal institutions help jumpstart these economies? In exploring this question, Th e Law-Growth Nexus goes beyond regression results to examine the underlying mechanisms through which the law, the judiciary, and the legal profession influence the economy. The result is essential reading for analysts and policymakers facing the challenges of legal and economic reform.



The Rule Of Law Economic Development And Corporate Governance


The Rule Of Law Economic Development And Corporate Governance
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Author : Nadia E. Nedzel
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-08-28

The Rule Of Law Economic Development And Corporate Governance written by Nadia E. Nedzel and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-28 with Law categories.


Grounded in history and written by a law professor, this book is a scholarly yet jargon-free explanation of the differences between the common and civil law concepts of the rule of law, and details how they developed out of two different cultural views of the relationships between law, individuals, and government. The author shows how those differences lead to differences in economic development, entrepreneurship, and corporate governance.



The Bigger Picture


The Bigger Picture
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Author : Peter J. Mazzacano
language : en
Publisher:
Release Date : 2020

The Bigger Picture written by Peter J. Mazzacano and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.


The purpose of this article is to view commercial law from a broader perspective -- to look at the bigger picture and the importance that commercial law plays in economic development, particularly as it applies to India. From this perspective, this article provides much needed context. It attempts to demonstrate, not only the importance of commercial law, but also how commercial law can succeed. Developing countries, like India, can only prosper within the framework of a robust legal system that has a true appreciation for the rule of law. As India increasingly competes with other countries to attract investment and to develop in the global economy, the rule of law becomes even more of a focal point. The rule of law is, thus, not a worthy end into itself, but rather a tool for achieving other objectives, such as economic growth. What helps to explain why some countries prosper while others lag behind? What is the relationship between law and economic growth? How do countries grow rich? This article attempts to provide an answer. It argues that the rule of law, with its recognition of property rights, contracts, and their effective judicial enforcement, are three elements of commercial law that lay the foundation for economic prosperity. Without the rule of law, effective commercial laws become impossible to develop; and without commercial laws, economic growth becomes nothing more than wishful thinking. The development of a rule of law, with concomitant commercial laws is essential to the developing world's, and in particular, India's economic success.



Eyes On The Prize


Eyes On The Prize
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Author : Connie Carter
language : en
Publisher: BRILL
Release Date : 2021-10-18

Eyes On The Prize written by Connie Carter and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-18 with Law categories.


Most law and development books focus on "what went wrong". Eyes on the Prize is an exception: it focuses on "what went right" in Singapore's transformation from squalid colony to successful growth-oriented, capitalist state. It questions the efficacy and nature of the role of law in the forty-year transformation, in the light of traditional and neo-traditional theories of law and development. It has not been the "rule of law" as such that has contributed to Singapore's development. Rather it has been law as the embodiment of "mature policy" of a goal-oriented, politically stable, educated, largely non-corrupt, communitarian and authoritarian state bureaucracy, which was grafted onto the remnants of the previous colonial administrative structures. Dr Carter examines Singapore's economic development in relation to labour law, land law, and intellectual property law, testing these against key aspects of law and development theories. While analyses of the former challenge the law and development convergence theory, that of intellectual property law uncovers the transforming impact of global influences such as the WTO. As such, the book provides a novel and balanced account for the student of law and economic development.



The International Rule Of Law And Economic Development


The International Rule Of Law And Economic Development
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Author : Nadia E. Nedzel
language : en
Publisher:
Release Date : 2017

The International Rule Of Law And Economic Development written by Nadia E. Nedzel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


The Rule of Law and economic development have long been recognized as being inter-related - a successful society has both. The question is how the two are related. Some scholars, whether in philosophy, law, history, or economics, argue that common law is more supportive of economic development, while others reject the distinction between common law and civil law as in any way affecting economic development. This multidisciplinary article approaches the question from a new contextual perspective that includes economics, philosophy, history, and law. It posits that while they are similar, the civilian term, Rule through Law (Rechttsstaat or L'État de Droit) wherein government is supposed to limit itself is historically less effective at being supportive of economic development for understandable reasons. This study does NOT argue that Common Law is 'better' than Civil Law. This study does show, however, that the common law is traditionally premised on a different relationship between the individual and government, and it is this non-instrumental relationship focused on problem-solving that encourages entrepreneurship and hence economic development.



Law Capitalism And Power In Asia


Law Capitalism And Power In Asia
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Author : Kanishka Jayasuriya
language : en
Publisher: Routledge
Release Date : 2006-06-19

Law Capitalism And Power In Asia written by Kanishka Jayasuriya and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-06-19 with Social Science categories.


A challenging and provocative book that contests the liberal assumption that the rule of law will go hand in hand with a transition to market-based economies and even democracy in East Asia. Using case studies from Hong Kong, China, Indonesia, Malaysia, Taiwan, Japan and Vietnam, the authors argue that the rule of law is in fact more likely to provide political elites with the means closely to control civil society. It is essential, therefore, to locate conceptions of judicial independence and the rule of law more generally within the ideological vocabulary of the state.



The New Law And Economic Development


The New Law And Economic Development
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Author : David M. Trubek
language : en
Publisher: Cambridge University Press
Release Date : 2006-08-21

The New Law And Economic Development written by David M. Trubek and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-21 with Law categories.


This book is a collection of essays that identify and analyze a new phase in thinking about the role of law in economic development and in the practices of development agencies that support law reform. The authors trace the history of theory and doctrine in this field, relating it to changing ideas about development and its institutional practices. The essays describe a new phase in thinking about the relation between law and economic development and analyze how this rising consensus differs from previous efforts to use law as an instrument to achieve social and economic progress. In analyzing the current phase, these essays also identify tensions and contradictions in current practice. This work is a comprehensive treatment of this emerging paradigm, situating it within the intellectual and historical framework of the most influential development models since World War II.



Rule Of Law Reform And Development


Rule Of Law Reform And Development
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Author : M. J. Trebilcock
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01

Rule Of Law Reform And Development written by M. J. Trebilcock and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Law categories.


Rule of Law Reform and Development stands out as an important contribution. Michael Trebilcock and Ronald Daniels have produced an ambitious, comprehensive, and persuasive book that will be of interest to both rule of law practitioners and academics. . . the book s overall strengths as a near-encyclopaedic appraisal of law and development will ensure its standing as a key resource for this still rapidly evolving field. Irina Ceric, Canadian Journal of Law and Society This book offers a sophisticated yet pragmatic account of the proper purposes of rule of law reform, the obstacles to achieving it, and the role that the international community can play. The procedural conception of the rule of law offers an appealing alternative to both one-size-fits-all universalism on the one hand and unconstrained relativism on the other. Kevin Davis, New York University School of Law, US This is the book that I have been waiting for. Even though rule of law has become the new mantra in development, its meaning remains elusive and its operational content unclear. This book helps us think systematically about it. Grounded in a procedural conceptualization of the rule of law, and supported by detailed case studies, Trebilcock and Daniels analysis lays out a theoretically sophisticated, yet practical agenda for making progress with rule-of-law reforms. Dani Rodrik, Harvard University, US This is a book on the role of legal institutions in economic development that is rich in institutional analysis and nuanced in terms of sensitivity to social, historical and political-economy issues that arise in the implementation of the rule of law. I particularly value its major focus on the need for balance between independence and accountability that afflict any rule of law reform: a balance which is missing in more one-sided accounts in the literature. I believe the book will be widely read and appreciated. Pranab Bardhan, University of California, Berkeley, US Within the law and development literature it is the most knowledgeable and comprehensive book on legal reform. I think that it will find a grateful readership among people working in development agencies, in humanitarian organizations and among scholars and students of development studies. Hans-Bernd Schäfer, University of Hamburg, Germany By identifying the key politico-economic reasons why rule-of-law reforms in developing countries have faltered and drawing out the implications for future strategy, this book is of immense importance and should be widely read. Anthony Ogus, CBE, FBA, University of Manchester, UK This important book addresses a number of key issues regarding the relationship between the rule of law and development. It presents a deep and insightful inquiry into the current orthodoxy that the rule of law is the panacea for the world s problems. The authors chart the precarious progress of law reforms both in overall terms and in specific policy areas such as the judiciary, the police, tax administration and access to justice, among others. They accept that the rule of law is necessarily tied to the success of development, although they propose a set of procedural values to enlighten this institutional approach. The authors also recognize that states face difficulties in implementing this institutional structures and identify the probable impediments, before proposing a rethink of law reform strategies and offering some conclusions about the role of the international community in the rule of law reform. Reviewing the progress in the rule of law reform in developing countries, specifically four regions Latin America, Africa, Central and Eastern Europe, and Asia this book makes a significant contribution to the literature. It will be of great interest to scholars and advanced students, as well as practitioners in the field, including international and bilateral aid agencies working on rule of law reform projects, and international and regional non-governmental organiza



Global Perspectives On The Rule Of Law


Global Perspectives On The Rule Of Law
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Author : James J. Heckman
language : en
Publisher: Routledge
Release Date : 2013-03

Global Perspectives On The Rule Of Law written by James J. Heckman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03 with Law categories.


Global Perspectives on the Rule of Law presents original work from a panel of leading social scientists and legal scholars on the relationship between the rule of law and economic and political development.



China S Long March Toward Rule Of Law


China S Long March Toward Rule Of Law
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Author : Randall Peerenboom
language : en
Publisher: Cambridge University Press
Release Date : 2002-09-26

China S Long March Toward Rule Of Law written by Randall Peerenboom and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-26 with History categories.


China has enjoyed considerable economic growth in recent years in spite of an immature, albeit rapidly developing, legal system, a system whose nature, evolution and path of development have been poorly understood by scholars. Drawing on his legal and business experience in China as well as his academic background in the field, Peerenboom provides a detailed analysis of China's legal reforms. He argues that China is in transition from rule by law to a version of rule of law, though most likely not a liberal democratic version as found in economically advanced countries in the West. Maintaining that law plays a key role in China's economic growth, Peerenboom assesses reform proposals and makes his own recommendations. In addition to students and scholars of Chinese law, political science, sociology and economics, this will interest business professionals, policy advisors, and governmental and non-governmental agencies as well as comparative legal scholars and philosophers.