Oxford Review of Economic Policy volume 25, issue 2, P257-270 2009 DOI: 10.1093/oxrep/grp016 View full text
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G. Aldashev

Abstract: This article reviews some of the recent literature on the relationship between the legal system and economic development. We also look at the historical, socio-cultural, and political factors that explain the differences in the characteristics of legal systems across countries and thus affect the link between the legal environment and economic outcomes. Although the field of law and economics of developing countries is still in its youth, it is growing rapidly and is a fertile ground for exciting new findings,…

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