The importance of institutions, including legal institutions, to economic development is widely accepted. But to accept the importance of legal institutions does not by itself provide guidance to policymakers in the developing world. One influential body of economic analysis emphasizes the...

Three years after the execution of the VAP, Chinese government has managed to hoist its national village penetration to 98.9% at the end of 2006, which means about 99% of the total administrative villages nationwide have now been connected by at least two workable telephone lines. As part of the...