The report on the workshop Measuring Law and Institutions highlights two topics. One is the World Bank governance … indicators; improvements in governance significantly increase national income. The other is the importance of legal origins …

growth. Business environment is a key determinant of successful performance of firms. Firms can not grow, will not invest …, employ, buy new technology, and develop new technology unless the business environment is good. It consists of numerous … aspects of the institutional environment in an economy: the rule of law, property rights protection, capital and financial …