The legal and economic analysis presented here empirically tests the theoretical framework advanced by Kugler, Verdier, and Zenou (2003) and Buscaglia (1997). This paper goes beyond the prior literature by focusing on the empirical assessment of the actual implementation of the institutional...

This paper shows that the international harmonization of commercial legal rules and commercial legal standards in Latin America have been the result of very specific legal and economic country-specific factors. The paper proposes that international legal harmonization within a regional bloc of...

A companion volume to the International Handbook on the Economics of Corruption published in 2006, the specially commissioned papers in Volume Two present some of the best policy-oriented research in the field. They stress the institutional roots of corruption and include new research on topics...