Books
|
Buy Now
Does Law Matter? - On Law and Economic Growth (Hardcover)
Loot Price: R2,567
Discovery Miles 25 670
|
|
Does Law Matter? - On Law and Economic Growth (Hardcover)
Series: IUS Commune: European and Comparative Law Series, 100
Expected to ship within 12 - 17 working days
|
For many years now, there has been a strong economic scholarship
pointing to the importance of institutions in general - and, more
particularly, legal rules and the rule of law - for economic
development. The importance of law for economic growth has also
been empirically tested in many well-known and often cited studies.
These studies seem to indicate not only that law is relevant in the
development of countries and their economic growth in particular,
but more specifically, that particular legal systems do better than
others. The tenant of this scholarship (especially initiated by
Andrej Schleifer and others) is that the common law would be a more
efficient system in promoting economic growth than the civil law.
However, many scholars doubt the empirical claim of this and
criticize these findings, both on methodological grounds as well as
on grounds of a misconception of differences between the civil and
the common law. The interest in legal origins for the efficiency of
the legal system also focuses on particular legal regimes, such as
accident law, environmental law, or corporate law. Increasingly,
the question is also asked whether legal institutions and the rule
of law are also important in the process whereby poor nations
develop their economy. For example, Cooter, Schafer, and Ulen have
attempted to examine why particular developing countries do
relatively better than others and, roughly speaking, also attribute
(part of the) success of some developing countries to legal
institutions. However, others (more particularly Ulen) point at the
fact that legal rules may play some role, but perhaps only a modest
role in economic development. A powerful example which is quoted in
that respect is the one of China which, at least at first blush,
does not seem to rely strongly on legal institutions (at least in
the traditional sense) and nevertheless has experienced a
spectacular economic growth. The particular case of China hence
remains somewhat puzzling in this debate. So far, these various
streams of literature paying attention to the question to what
extent legal origins matter for economic growth have not been
strongly integrated and have, to a large extent, been developed in
separate social sciences (institutional economics, development
economics, and comparative law). This multi-disciplinary book
brings these approaches together in an integrated and structural
manner. (Series: Ius Commune Europaeum - Vol. 100)
General
Imprint: |
Intersentia Publishers
|
Country of origin: |
Belgium |
Series: |
IUS Commune: European and Comparative Law Series, 100 |
Release date: |
October 2011 |
First published: |
December 2011 |
Editors: |
Michael Faure
• Jan Smits
|
Dimensions: |
243 x 178 x 29mm (L x W x T) |
Format: |
Hardcover - Cloth over boards
|
Pages: |
418 |
ISBN-13: |
978-9400002173 |
Categories: |
Books
|
LSN: |
9400002173 |
Barcode: |
9789400002173 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.