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 … concluded that better tools for measuring law and institutions are needed and that also the beneftis, not only the costs of …

market development, labor market institutions, international relations, the role of the state, presence of corruption etc …. The key institution that often manages – or at least influences – the development of all other institutions is the state …