Chapter 1 sets the scene for the book. It discusses the reasons for the interest in the relationship between the law and economic development beginning with an outline of theories of development. The theory of development currently favoured by multilateral development agencies such as the World Bank is one of market-led development which emphasizes the role of the financial sector. Drawing on an analysis of the reasons why the Law and Development Movement of the 1960s and 1970s failed, criteria by which theories of law and the legal system’s role in development should be evaluated are identified. It is argued that a theory based on New Institutional Economics can satisfy these criteria.
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Page:12
Monograph Chapter
In Law and Development
Frank H. Stephen
- Published in print:
- 26 Jan 2018
Collection:
Economics 2018
Tina Søreide
The introduction outlines the scope of the book, and describes the problem of corruption, pointing out common criminal law enforcement challenges, and offering better anticorruption solutions by drawing on both legal and economic reasoning. The phenomenon of corruption is described and defined, as are other key concepts, such as what is meant when referring to the criminal justice system, or a country’s integrity mechanisms, and why is it necessary to identify efficiency criteria for criminal law enforcement. Law and economics offer a broad range of tools for controlling corruption; how they are used depends on mutual understanding and collaboration between the disciplines.
Monograph Chapter
In Corruption and Criminal Justice
Tina Søreide
- Published in print:
- 26 Feb 2016
Collection:
Law 2016
Monograph Chapter
In Corruption and Criminal Justice
Tina Søreide
- Published in print:
- 26 Feb 2016
Collection:
Law 2016
Monograph Chapter
In Corruption and Criminal Justice
Tina Søreide
- Published in print:
- 26 Feb 2016
Collection:
Law 2016
Michael Faure and Xinzhu Zhang
Monograph Chapter
In The Chinese Anti-Monopoly Law
Edited by Michael Faure and Xinzhu Zhang
- Published:
- 30 August 2013
Collection:
Law 2013
Research Review
In Legal Origin Theory
Simon Deakin and Katharina Pistor
- Published in print:
- 31 May 2012
Monograph Chapter
In What Makes Poor Countries Poor?
Michael J. Trebilcock and Mariana Mota Prado
- Published in print:
- 29 Dec 2011
Collection:
Law 2011
Monograph Chapter
In What Makes Poor Countries Poor?
Michael J. Trebilcock and Mariana Mota Prado
- Published in print:
- 29 Dec 2011
Collection:
Law 2011
Monograph Chapter
In International Economic Law, Globalization and Developing Countries
Edited by Julio Faundez and Celine Tan
- Published in print:
- 29 Oct 2010
Collection:
Law 2010 and before
Monograph Chapter
In International Economic Law, Globalization and Developing Countries
Edited by Julio Faundez and Celine Tan
- Published in print:
- 29 Oct 2010
Collection:
Law 2010 and before
Page:12