Contents: Preface -- Part I Introduction -- 1. How we got here -- 2. New institutional economics -- Part II Legal systems and development -- 3. Legal origin theory and the transplant effect -- 4. A new institutional economics approach to law and development -- Part III Finance and development --...

'The question of how we can best regulate the all-important markets for legal services is rarely investigated with the benefit of good empirical evidence about what's wrong and what works. The challenge of doing empirical work in this area is steep, given a lack of data and the complexity of...

This book draws on the analytical framework of New Institutional Economics (NIE) to critically examine the role which law and the legal system play in economic development. Analytical concepts from NIE are used to assess policies which have been supported by multilateral development...