The positive influences of institutions to economic growth, commonly measured by GDP per capita, have been intensively tested by many empirical studies. However, as the challenges of pollution, corruption, and inequality raise up, the quality of economic development and how to achieve the good...

Commentators have poured forth a loud and sustained outcry over the past few years that sees property rule treatment of intellectual property (IP) as a cause of excessive transaction costs, thickets, anticommons, hold-ups, hold-outs, and trolls, which unduly tax and retard innovation,...

The growth surge produced by East Asian newly industrialised nations since 1970s has been a central theme of research and debate amongst many social scientists and policy makers. From an “institutionalist” perspective, the idea of “development state” was theorised to explain this “East...

The geographic structure of the Magharib countries necessitates its political and economic partnership. However, there were many hindrances that curtailed further mutual benefits in the past decades. That minimized its economic cooperation in many ways. The emergence of the WTO adds to questions...

Der entwicklungsökonomische Diskurs ist aktuell geprägt durch eine kontroverse Debatte zwischen Jeffrey Sachs und William Easterly. Der Beitrag rekonstruiert beide Ansätze aus ordonomischer Perspektive. Er argumentiert, dass eine auf Kooperation angelegte Semantik vergleichsweise besser...

Labor wages, employment rates, strategies and policies are completely ignored if not totally missing in Sub Saharan Africa. That represents a potential reason for poverty and popular discontent and expressed by rebellions, revolts and civil uprisings in many countries as we have seen in the past...

The economic success of the East Asian countries has inspired many scholars and policy makers to study the background of their rapid growth. Since there are many versions of capitalism, there is a debate over which model is the best answer for people needs. This debate is still open. In the...

This book examines the concept of ‘development’ from alternative perspectives and analyzes how different approaches influence law. ‘Sustainable development’ focuses on balancing economic progress, environmental protection, individual rights, and collective interests. It requires a...