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also discusses the efficiency of trust and the role of the law in separating trustworthy from non trustworthy people. …
Persistent link: https://www.econbiz.de/10010296910
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both … overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of … growth and human development beyond the mechanisms of law. Our results support the current consensus that, English common-law …
Persistent link: https://www.econbiz.de/10011390773
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10011390776
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of …
Persistent link: https://www.econbiz.de/10011390777
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of …
Persistent link: https://www.econbiz.de/10011410380
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10011410386
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both … overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of … growth and human development beyond the mechanisms of law. Our results support the current consensus that, English common-law …
Persistent link: https://www.econbiz.de/10011410406
Social scientists have paid insufficient attention to the role of law in constituting the economic institutions of … capitalism. Part of this neglect emanates from inadequate conceptions of the nature of law itself. Spontaneous conceptions of law … capitalist economies, law is sustained through interaction between private agents, courts and the legislative apparatus. Law is …
Persistent link: https://www.econbiz.de/10012971812
“Code is law” refers to the idea that, with the advent of digital technology, code has progressively established itself … shift from the traditional notion of “code is law” (i.e. code having the effect of law) to the new conception of “law is … code” (i.e. law being defined as code) …
Persistent link: https://www.econbiz.de/10012930931
Although scholarship in law and development which explores the relationship between law and social and economic … law and development, which would establish law and development as a robust and coherent academic field. This article … attempts to fill this gap by presenting a general theory that defines the disciplinary parameters of law and development, and …
Persistent link: https://www.econbiz.de/10012934256