The Impact of Institutions and Professions on Legal Development

The Impact of Institutions and Professions on Legal Development PDF

Author: Paul Mitchell

Publisher: Cambridge University Press

Published: 2012

Total Pages: 253

ISBN-13: 1107019001

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This three-volume set contains the results of the second and final stage of an AHRC-funded project which aims to examine the nature of legal development in Western Europe since 1850, focusing on liability for fault. By bringing together experts with different disciplinary backgrounds - comparative lawyers and legal historians, all with an understanding of modern tort law in their own systems - and getting them to work collaboratively, the books produce a more nuanced comparative legal history and one which is theoretically ...

Lawyers and Politicians

Lawyers and Politicians PDF

Author: Peter Grajzl

Publisher:

Published: 2007

Total Pages: 0

ISBN-13:

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Spurred by the observation that the organized legal professions have been central in institutional development in countries with the highest quality institutions, we develop a model that identifies the link between the role of organized professions and the quality of institutional reform. Professional review of interest-group reform proposals solves informational problems when interest groups know the quality of reform proposals better than the government even though the only direct effect of the organized profession is the delay that is intrinsic in opening up reform proposals to general debate. Focusing on the incentives of politicians, the model predicts how the role of the organized legal profession varies with democracy and political stability, showing that democracy, political stability, and professional power are substitutes. The model's applicability is examined by comparing its predictions to a varied array of facts. The model predicts that organized professions might be used by autocrats, as for example in the USSR, and shows why the role of legal professions might be weaker in early post-communist transition. The predictions are consistent with the role played by organizations of lawyers in 1688 in England and 1789 in France, and therefore why these two revolutions had such different consequences for the rule of law. The model offers an explanation of why and when civil law and common law systems differ, suggesting a reconciliation of divergent results on economies with different legal origins.

Law and Development

Law and Development PDF

Author: International Legal Center. Research Advisory Committee on Law and Development

Publisher: Nordic Africa Institute

Published: 1974

Total Pages: 96

ISBN-13: 9789171060907

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Report on the role of law in economic and social development, with particular reference to legal research - discusses obstacles, institutional frameworks, etc., and recommends a social sciences approach and methodology. References.

The Law-Growth Nexus

The Law-Growth Nexus PDF

Author: Kenneth W. Dam

Publisher: Rowman & Littlefield

Published: 2007-08-29

Total Pages: 340

ISBN-13: 0815717199

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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 Impact of Formal and Informal Institutions on Economic Growth

The Impact of Formal and Informal Institutions on Economic Growth PDF

Author: Constanze Dobler

Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften

Published: 2011

Total Pages: 0

ISBN-13: 9783631616161

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Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world's highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries widened. However, the differences between Arab countries and the Western states exist not only economically. The countries also differ regarding their political, legal, and social systems. This work explains the differences in development on the basis of institutional economics. In addition to a general theoretical part, an empirical analysis demonstrates the effects of institutions on income, and a historical case study explains the divergent development paths of the Arab region and selected advanced economies.

The New Law and Economic Development

The New Law and Economic Development PDF

Author: David M. Trubek

Publisher: Cambridge University Press

Published: 2006-08-21

Total Pages: 301

ISBN-13: 1139458663

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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.

The Handbook of Economic Development and Institutions

The Handbook of Economic Development and Institutions PDF

Author: Jean-Marie Baland

Publisher: Princeton University Press

Published: 2020-01-21

Total Pages: 786

ISBN-13: 0691191212

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"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but some of the most high profile work has been done by economists many of whom are included in this collection covering a wide range of topics including the relationship between institutions and growth, educational systems, the role of the media and the intersection between traditional systems of patronage and political institutions. Each chapter covers the frontier research in its area and points to new areas of research and is the product of extensive workshopping and editing. The editors have also written an excellent introduction which brings together the key themes of the handbook. The list of contributors is stellar (Steven Durlauf, Throsten Beck, Bob Allen,and includes a diverse mix of Western and non Western, male and female scholars)"

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