Law and Development: An Institutional Critique

By (author)Frank H. Stephen

As development policy moves away from considering the state as the primary driver of economic growth it is necessary to consider the institutional foundations of the market economy. It has been argued that without legal systems that allow for innovation and enterprise, all other attempts to improve economic growth are destined to fail.

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Law and Development offers an unparalleled assessment of the role of legal systems in development by extending the analytical framework of New Institutional Economics (NIE). Using empirical tests to critique Legal Origin Theory, and assess the role of culture in the formation of the legal environment, this book proposes that cultural factors are much more significant than allowed for by previous frameworks.

SKU: 9781784718206
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Dimensions 24 × 16 × 2 cm
Book Author

Frank H. Stephen

Edition

1st

Format

Hardback

ISBN

9781784718206

Language

English

Pages

200

Publication Year

Publisher

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