A01=Kenneth W. Dam
Author_Kenneth W. Dam
Category1=Non-Fiction
Category=KCP
Category=NL-KC
COP=United States
Discount=15
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Format=BC
Format_Paperback
HMM=229
IMPN=Brookings Institution
ISBN13=9780815733591
Language_English
PA=Available
PD=20171030
POP=Washington DC
Price_€20 to €50
PS=Active
PUB=Brookings Institution
Subject=Economics
WMM=152
Product details
- ISBN 9780815733591
- Format: Paperback
- Weight: 454g
- Dimensions: 152 x 229mm
- Publication Date: 13 Nov 2006
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: Washington DC, US
- Product Form: Paperback
- Language: English
Secure
checkout
Fast Shipping
Easy returns
An increasingly popular view holds that institutions--in particular, the rule of law--are the keys to unlocking the developing world's full growth potential. But what exactly does this mean? Which legal institutions matter and why? How can policymakers use this knowledge to promote growth? In The Law-Growth Nexus, Kenneth Dam brings five decades of experience as a legal scholar and policymaker to bear upon these questions. After reviewing the burgeoning literature on legal institutions and economic development, Dam unpacks the ""rule of law"" concept. Successive chapters analyze enforcement, contracts, and property rightsthe three concepts that collectively define rule of lawand examine their roles in the real estate and financial sectors. Dam uses an extended analysis of China to assess the importance of the rule of law. This case study illustrates several of the book's central themes, including the difficulty of building a strong, independent judiciary and firstclass financial sector. The stark fact is that many parts of what we call the developing world have stopped developing, while other regions have seen a slowdown in once-promising growth. Could new or better legal institutions help jumpstart these economies? In exploring this question, Th e Law-Growth Nexus goes beyond regression results to examine the underlying mechanisms through which the law, the judiciary, and the legal profession influence the economy. The result is essential reading for analysts and policymakers facing the challenges of legal and economic reform.
